The U.S Dollar is now in VERY serious trouble.
The greenback is trading at the lows of a multi-month consolidation range. Bear in mind, this consolidation took place AFTER the $USD staged its worst first half of a year since 1973, losing 12% in just six months!
The significance of this cannot be overstated. The $USD is now literally on the edge of a cliff. If it breaks down here, it will take out a 15-year bull market and signal that a new secular bear market is underway for the $USD.
This would unleash an inflationary storm. There are already numerous signals that inflation is turning back up in the financial system. If the $USD collapses from here, it will create a truly disastrous situation.
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