Beyond a Joke, page-54

DXY cant perpetually go higher it will break US economy as well as everyone else.. it will eventually reverse
this crash will be worse than the GFC.. it will be housing stocks... and bond markets. the only thing stopping a complete collapse of bonds is QE, which equals gold going higher, the dow dropping (and the bond markets drying up) while the DXY rising should be an alarm bell. general stocks will have their day agian.. though it might be 10 or 15 years before that day comes. your mate at 67 has made a wise decision to pull out of general equities.. this bear market is only starting. i suppose staying in cash in a country that has lots of energy resources isnt the worst idea, i do think the AUD will perform better than a lot of other currencies over the next few years, even if it does have a crash late this year or into next year as the general markets reprice for a depression.

my guess is DXY has hit a short term high, but may well have one last risk off driven rally before it finally tops