Get out of cash, now

from an article by Toby Connor, Run, Run Away, at Kitco.com



I think the dollar is probably about to get smacked in the face by reality again.

Notice that despite a very strong rally over the last 4 months, the dollar still has been unable to move above the prior intermediate cycle top and now appears to be failing at the downward sloping 200 week moving average.

If the dollar is now ready to move down into the next intermediate cycle bottom (and I think it probably is) it is going to put a strong tailwind behind all assets. Maybe tailwind is too mild of an adjective. It’s probably going to be a hurricane driving everything willy nilly before it.

{What that means, is commodities, etc., will go up - but its partly illusion as they go up because the dollar goes down. If you can't figure it out, get some silver.}