page-loading-spinner
Home The Game Is Afoot

The Game Is Afoot

user profile picture Chris Martenson Aug 08, 2007
0
placeholder image
Wednesday, August 8, 2007

First, a warning about the dollar. As you know, I’ve been keeping a close eye on the US dollar and have been very concerned over the years that the dollar would someday steeply decline against foreign currencies. In fact, the dollar has been steadily eroding in value for since 2002, and it is now poised at a critical spot where there are really only two choices: a sustained rally or a serious drop.

The dollar chart below shows the monthly ‘value’ of the dollar as measured against a basket of foreign currencies. The red line shows that the dollar is now perched at a level last seen in 2005 and (off the chart) in 1992.

The rest is exclusive content for members

Curious about what being a member offers? Sign up now for a risk-free trial and get a sneak peek into the premium content, features, and perks awaiting you on the other side.

Community

Image | The Grow Network

The Grow Network

Learn more
Image | Gold Newsletter

Gold Newsletter

Learn more