Summary

Our analysis shows that the dollar is potentially beginning to confirm that we have made some sort of a short-term to intermediate top.

I am doing this special report because the VC PMI strongly suggests that we are at a significant turning point for the dollar and precious metals.

Gold has been trading in the $1300 to $1310 area for the past few weeks, and has established a major reversal to the upside on close above 1325.

US Dollar: Short-Term Top

In this intra-week special report update I want to review the US dollar, which is currently trading at 92.59, down 20 or 30 points. Our analysis shows that the dollar is potentially beginning to confirm that we have made some sort of a short-term top. In previous articles on Seeking Alpha, I have argued that the US dollar has been in a major down trend, as you can see from the long-term charts dating back to 1971. More recently,

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