After peaking with a false breakout near 104 in early 2017, the US dollar (as measured by the Dollar Index) has continued to plummet in 2018. As I type, the index is near 90 and already down over 2% year-to-date.
Here at the end of 2017, the cumulative amount of alchemized digital or synthetic gold "exposure" has reached a total that not even the writers of that 1974 memo could have envisioned.