The US Dollar has been on a rally since the second quarter
of last year but stalled out at the
beginning of 2012 when it touched significant resistance close to the 82
level. Since the beginning of the year
the index has rattled forming an ascending triangle which appears ready for
resolution with a target price of between 88 and 89.
The test of support in April should not be looked at as
breaking the pattern. If one looks at
the descending trendline there were a number of false breakouts until the
breakout last fall.
If last year is any indication the breakout above 82 should
be rough and trying for investors but eventually break higher based on problems
emanating from Europe.
First Quarter Update is Now Available!!!!
The first quarter update is now available through Smashwords, the world’s largest independent ebook
distributor for just $4.99, by clicking here. In this update I take a look at the
political climate and how it will affect investing over the next quarter as
elections in Greece and France take center stage with the national election
ramping up in the United States.
The contents are as follows:
Chapter 1: Where do
we go from here?
Chapter 2: Election
Risk is Rising in Europe
Chapter 3: An Early
Look at the 2012 Elections
Chapter 4: What
happens for the next three months?
Chapter 5: Three Long
Ideas Update
Chapter 6: Finale
The next update will be in early July covering gold and
silver and putting some meat into my call for $2800 gold and $75 silver next
year.
Smartwords distributes
to Apple, Barnes & Noble, Sony, Kobo, Diesel, and others along with
instructions on downloading to your Kindle meaning that this and future work
will be available in multiple formats from mobi to ebook to pdf.
If you wish to place a banner ad and help distribute the 2012
Investment Forecast and future works I am offering a 25% commission on all
sales. You can find more information
here:
Disclaimer
Communications are intended solely for informational purposes. Statements made should not be construed as an endorsement, either expressed or implied. This article and the author is not responsible for typographic errors or other inaccuracies in the content. This article may not be reproduced without credit or permission from the author. We believe the information contained herein to be accurate and reliable. However, errors may occasionally occur. Therefore, all information and materials are provided “AS IS” without any warranty of any kind. Past results are not indicative of future results.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS AS WELL AS THE OPPORTUNITY FOR GAIN WHEN INVESTING IN THE STOCK, BOND, AND DERIVATIVE MARKETS. WHEN CONSIDERING ANY TYPE OF INVESTMENT, INCLUDING HEDGE FUNDS, YOU SHOULD CONSIDER VARIOUS RISKS INCLUDING THE FACT THAT SOME PRODUCTS: OFTEN ENGAGE IN LEVERAGING AND OTHER SPECULATIVE INVESTMENT PRACTICES THAT MAY INCREASE THE RISK OF INVESTMENT LOSS, CAN BE ILLIQUID, ARE NOT REQUIRED TO PROVIDE PERIODIC PRICING OR VALUATION INFORMATION TO INVESTORS, MAY INVOLVE COMPLEX TAX STRUCTURES AND DELAYS IN DISTRIBUTING IMPORTANT TAX INFORMATION, ARE NOT SUBJECT TO THE SAME REGULATORY REQUIREMENTS AS MUTUAL FUNDS, OFTEN CHARGE HIGH FEES, AND IN MANY CASES THE UNDERLYING INVESTMENTS ARE NOT TRANSPARENT AND ARE KNOWN ONLY TO THE INVESTMENT MANAGER.
Communications are intended solely for informational purposes. Statements made should not be construed as an endorsement, either expressed or implied. This article and the author is not responsible for typographic errors or other inaccuracies in the content. This article may not be reproduced without credit or permission from the author. We believe the information contained herein to be accurate and reliable. However, errors may occasionally occur. Therefore, all information and materials are provided “AS IS” without any warranty of any kind. Past results are not indicative of future results.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS AS WELL AS THE OPPORTUNITY FOR GAIN WHEN INVESTING IN THE STOCK, BOND, AND DERIVATIVE MARKETS. WHEN CONSIDERING ANY TYPE OF INVESTMENT, INCLUDING HEDGE FUNDS, YOU SHOULD CONSIDER VARIOUS RISKS INCLUDING THE FACT THAT SOME PRODUCTS: OFTEN ENGAGE IN LEVERAGING AND OTHER SPECULATIVE INVESTMENT PRACTICES THAT MAY INCREASE THE RISK OF INVESTMENT LOSS, CAN BE ILLIQUID, ARE NOT REQUIRED TO PROVIDE PERIODIC PRICING OR VALUATION INFORMATION TO INVESTORS, MAY INVOLVE COMPLEX TAX STRUCTURES AND DELAYS IN DISTRIBUTING IMPORTANT TAX INFORMATION, ARE NOT SUBJECT TO THE SAME REGULATORY REQUIREMENTS AS MUTUAL FUNDS, OFTEN CHARGE HIGH FEES, AND IN MANY CASES THE UNDERLYING INVESTMENTS ARE NOT TRANSPARENT AND ARE KNOWN ONLY TO THE INVESTMENT MANAGER.
Before making any type of investment, one
should consult with an investment professional to consider whether the
investment is appropriate for the individuals risk profile. This is not
intended to be investment advice or a solicitation to purchase any of the
securities listed here. I will not be held liable or responsible for any losses
or damages, monetary or otherwise that result from the content of this article.
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