The USD DXY monthly chart looks eerily similar to back in the early 1980s when the dollar rallied for months into overbought territory. It then fell for four months straight (DXY has currently fallen for four months straight), and began a multi-year run-up. We are currently in the midst of a GLOBAL CURRENCY WAR in which the US adversaries are trying to devalue the dollar at all costs. Crypto is playing a major role in the war as it's a CYBER FRAUD created solely to damage the Dollar's global reserve status. To "invest" in crypto or EM's is simply un-American and will only damage the US economy further. RISK asset bulls are blind to what's going on and merely GAMBLING in attempt to make more money (USD). If the dollar regains it's dominance (as I expect), the lower and middle class "investors" who've given away their dollars carelessly will be wiped out. However, those that have remained steadfast in their conservative, fundamental approaches to "investing", will have a once in a lifetime opportunity to buy the index lows which are coming. We are living through uncharted territory. Taking on debt to invest with is DANGEROUS. Debt levels are currently at unsustainable HISTORIC HIGHS. Do not be careless with your money! THAT IS FINANCIAL ADVICE.
*Expecting VOLATILITY to surge as markets turn to the downside. RISK IS EXTREME & the fear/greed index is currently pegged at GREED (69). VIX currently 18.50. I'm staying HEDGED with UVIX for the DEBT BUBBLE CRISIS & resurgence of DXY.
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