http://www.kitco.com/ind/Conner/2013-08-08-Currency-Markets-The-Next-Crisis-Has-Begun.html
I've been warning for months and months that this
was coming. Anyone with a modicum of common sense knew that printing
trillions of dollars was going to eventually have consequences. There is
no escaping the inevitable; if you aggressively debase your currency
eventually you are going to have a currency crisis. The first one has
now begun.
Over the next 3-4 months the dollar is going to test
the lower trend line of the megaphone topping pattern and ultimately
break through. When it does we are going to witness a spectacular
collapse in the dollar, probably testing the 2011 bottom by the next
intermediate cycle low due in November.
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