The rules of investing are totally different than they have been the last 30 years. We are in an ongoing world-wide debt crisis, which is likely to turn into a systematic breakdown in faith of government. Your focus should be on learning how to preserve wealth, especially if your investments are in any of the western currencies, and in cash.
For U.S. citizens the focus should be on the dollar index. If 76 fails, then the next support is around 74.15. Under that is the ultimate low of 72, and it would be very bad for 72 to be breached. Think of 72 as the dollar's last stand.
As of February 22nd around 10:00 pm EST the dollar index is holding 77.65. Since November 30th, the dollar index has been following Fibonacci fan lines down. This fan is based on a trace of the June 7th, 2010 daily high to the November 4th, 2010 daily low. As long as the pattern holds, the dollar is going down long-term.
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