The Most Important Chart in the World Is Getting Uglier By the Day

The $USD continues to drop like a brick, having taken out critical support in the near-term.

This is just the beginning. It's only going to get worse from here.

Here’s the $USD’s chart running back 40 years. I call this the “single most important chart in the world,” because how the $USD moves has a massive impact on all other asset classes.

As you can see the $USD broke out of a massive 40 year falling wedge pattern. This initial breakout has failed to reach its ultimate target (120) and is now rolling over for a retest of the upper trendline in the mid-to low-80s.

Put simply, this chart is telling us that the $USD is going to be collapsing in the coming months.

The implications of this are going to be tremendous for the financial system. US corporate profits will be increasing particularly for large multi-national companies. Emerging Markets will outperform.

And most importantly, the $USD's collapse  is going to be like rocket fuel for inflation trades. 

If you’re not taking steps to actively profit from this, it's time to get a move on.

We just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.

The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce

We are giving away just 100 copies for FREE to the public.

As I write this, there are 39 left.

To pick up yours, swing by:

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research


Honest Sam Wed, 09/13/2017 - 12:13 Permalink

I'm going to save this dire dollar prediction  and in November I'm going to look at it again.  If you are right, I will send you one dollar.If you are wrong, you will send me a million American dollars or gold equiivalent, AND you will cease and desist your prognosticating forever.Deal? You robot.

aliens is here Wed, 09/13/2017 - 12:41 Permalink

Yes and we should all buy gold right? Go F yourself Phoneix Capital. I am sick of this doom and gloom talk. I know we fked but I am sick of gold peddler or whatever you are selling.

TradingTroll Wed, 09/13/2017 - 12:43 Permalink

Yeah, right. Collapse of the dollar. If it doesnt happen, will I get a refund on my subscription...because its not happening, not now or in the coming months anyways. Maybe 2020 or later...

sosoome Wed, 09/13/2017 - 12:44 Permalink

"This chart is telling us the that the $USD is going to be collapsing in the coming months"How? The chart shows the $USD is testing it's trend line breakout. How do you know it won't hold?

gm_general Wed, 09/13/2017 - 12:51 Permalink

I missed why $120 was the ultimate target and why not hitting it already is a death sentence that determines it will fall back into the former trend. Anyone have the answer to this? Because ultimately $USD broke out of that downtrend when the Fed dropped QE - it was a near immediate skyrocket in the dollar right after QE went to zero. Now we have what looks to me like a megaphone forming above that trend where the $USD price oscillates more and more each swing. Does it mean it will reenter the down trend? I guess we will see soon. BTW it seems odd I posted in the comments here about this $USD trend and today this shows up on ZH. 

Iconoclast421 Wed, 09/13/2017 - 13:45 Permalink

That chart is nothing but a comparison of multiple different fiat currencies, all backed by nothing. It means nothing. And besides, its been flat for the last 30 years, so even if it did mean something it would still mean nothing!

Village-idiot Wed, 09/13/2017 - 14:00 Permalink

I tried to find the charts in the article above.   I couldn't find them anywhere.Without a confirmation that they exist, just as they are shown above, I call the whole article BOGUS!

HowdyDoody Wed, 09/13/2017 - 14:44 Permalink

Another interpretation - if you raise the right hand end of the upper trend line to cross the 2017(?) peak, and look back to the middle peak, it didn't make the trend. So it looks like something unusual might have happened in late 2001. Offhand, I can't think of anything unusual around that time, though.   /sarc 

Jack4952 Wed, 09/13/2017 - 15:33 Permalink

About the U.S. Dollar Index (USDX):By the way, there is also a "Euro Index", etc.1.) It is TRUE that the USD has lost about 10% of its "purchasing power" in the last 10 months or so. You can verify this on numerous financial web sites. One can find the vaues for the: U.S. Dollar Index; the Euro Index, etc. at 2.) You can get the RAW NUMBER or CHARTS for one day up to many years.3.) So WHAT is the U.S. Dollar Index (USDX, DXY)? Instead of comparing currencies one-on-one (USD/GBP, etc), the USDX is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies.BUT:4.) The USDX is uses a "basket" of only SIX currencies - all from U.S. trading partners. 5.) It is a weighted geometric mean of the dollar's value relative to other select currencies:

USDX goes up when the U.S. dollar gains "strength" (value or "purchasing power") when compared to ONLY SIX (6) other fiat currencies. WHY it is not expanded to include many other currencies is unknown to me, since (after each curreny was "weighted")  that would be easy enough to calculate.6.) Its usefulness? It gives one an approximate value ("purchasing power") of the USD compared to 6 other currencies, instead of just one - so in a "currency war" I presume it is harder to manipulate. (??????)  And if ALL 6 of the countries AND the U.S. are DEVALUING their currencies at the SAME TIME (but at different rates), it is an indicator of who is devaluing the fastest.   

SoDamnMad Aireannpure Thu, 09/14/2017 - 02:09 Permalink

The price of a barrel of oil is down, has been down, will stay down so Russia has to increase volume to make up the difference in it's budget hence they have a deal with China. China has been rolling over the Russians big time.  The Russians are financing the whole gas pipeline to China in return for selling gas CHEAP. That is not a win-win.

In reply to by Aireannpure

Montani Semper… Thu, 09/14/2017 - 03:16 Permalink

 I would tell you guys about some gold that is valued at $273 an oz, but it's a secret. I will tell you this, it does involve some back door play, so it's a win/win in my book.