Top Five Reasons the Dollar will Continue to Fall

Despite all the talk from the Fed and the Treasury lately when I open my wallet this is what I see.

And I do not expect it to get any better anytime soon. Here are the Top 5 Reasons Why.

5. The Technicals – This monthly chart shows the break out lower, a continuation pattern. The least convincing.

4. The Bernanke – He is still Chairman of the Federal Reserve.

3. Obama – He is still the President.

2. Timothy Geithner – I think he is still the Secretary of the Treasury?

1. The Congress – This group cannot change anything quickly.

As always you can see details of individual charts and more on my StockTwits feed and on chartly.)

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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