Last night, the $USD broke below 100.
This is a MAJOR development. Throughout the second half of 2016, the $USD was on a rampage, breaking above 100 and staying there for the first time in 14 years.
This trend has now reversed in a big way. The $USD is sharply DOWN in 2017 so far.
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The above chart TARGETS the $USD at 90 within three months.
This is a HUGE issue and 99% of Wall Street has missed it. Everywhere I look I see $USD bulls calling for the $USD to go to 120 within a year.
These people are going to get taken to the cleaners.
On that note, I’ve alerted subscribers of my Private Wealth Advisory newsletter to SIX inflation hedges that will outperform Gold and Silver during the next leg up.
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Graham Summers
Chief Market Strategist
Phoenix Capital Research