USD Long term- Ross Clark
Spock has been advocating this USD cycle in many posts here.
Plus the long term Wolfwave that began in 1992 drop from 1985 high has the same target for USD.
Hold on to rocks. Hope some companies survive this long???
Monthly USD line chart showing long term Wolfwave from my favorite list:
“Hold on to rocks. Hope some companies survive this long???” lol. I hope I survive long enough too. Spock’s time horizons keep getting extended longer and longer from the original predictions…
You gotta like that chart….some simple EW ( for simpletons like me) combine that with some Chartology and poof
But sorry Americans…Something BAD has to happen to the USA for the dollar to crater like that. Y’all invited to stay up here though
🙂
There’s room at the Inn ( The Bottomz Inn)
Fully Vancouver is heaven on this earth!!!! But if one has gold need not worry about. 1oz = $1000000000000, US debt not serviceable at 5%+ interest rate.
In one post Prof. Antal Feket Austrian Economist wrote “one oz of gold will be enough to pay the whole US debt”.
Thanks congress giving bankers tax cut from future borrowing???
How long these monetary fundamentals going to remain skewed??
Boobooman posted this too. Worth a re look
Sub 70 is where I expect it to end up.