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The U.S. Dollar Is Going Parabolic – Something Somewhere Is Collapsing

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The US Dollar index is going parabolic.  More often than not, markets that go parabolic will crash.  This is what happened with the dollar in 2008 (click to enlarge):

The common “narrative” out there is that the dollar squeeze is being fueled by European sovereign and corporate entities scrambling for dollars in order to pay dollar-denominated debt obligations. Yes, this is part of the equation. But, just like in 2008, it is a sympton of a castrophic underlying systemic problem. After all, the Fed has created close to $4 trillion in new dollars, $2.6 trillion of which are sitting in the excess reserve account of the big banks at the Fed earning interest. That’s $2.6 trillion in excess dollars that can used to fund any excess demand for dollars.

You can read the rest of this here:   Investment Research Dynamics

 



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    • Hang all drunkdrivers

      Obozo gave the bankers trillions of dollars and they’re using it to boost the buck and thereby suppress gold. The banksters are scared to death of gold.

    • Ideas Time

      My guess is that the central banks are shorting other currencies just like they are doing with gold and silver. It is working is it not?

      The dollar is huge compared to all other currencies. Does that make since to anyone?

      No inside info here just a guess. But we all know they can create trillions with a click of a computer key and the savings and workers of American will pay for the fraud. 16 trillion in reserves for foreign banks I have heard.

      If you are a million pound beast and everyone is a chimp, you will win every-time! The us corporation does not have trillions to spend unless they create out of thin air, which is what they do.

      These banksters are playing chess not checkers.

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