Posted on 04/14/2011 2:01:36 PM PDT by David DeGerolamo
The dollar index is a measure of the value of the U.S. dollar relative to majority of its most significant trading partners. This index is similar to other trade-weighted indexes, which also use the exchange rates from the same major currencies. The 12 month chart below clearly shows the decline of the dollar (orange) as our economy collapses and hyperinflation starts. The correlation between the dollar index vs. gold (gold ETF GLD - green) shows how you can protect your wealth.
The Federal Reserve has always had a policy of devaluating our dollar to minimize our debt repayment and maximize profits but this acceleration shows that the value of the dollar is spiraling out of control. As the dollar index falls towards historical lows (70), expect to see gold, food and gas rise even higher.
Who's got your dollar: the Federal Reserve, taxes and government social engineering (redistribution). Unfortunately, the real question is who has got your freedom?
0’bama got your dollar and he wants more!
DNC owner Soros , wants taxpayers to take on more debt.
“The 12 month chart below clearly shows the decline of the dollar (orange) as our economy collapses and hyperinflation starts.”
The writer obviously has no idea what hyperinflation is.
LOL! That chart is too blurred to read. Eh..er...hum. Anyway, you were saying...
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