below I have inserted a chart of the dollar going back 20 years. In it I have inserted the 3 year cycle which you see is very consistent. Notice that the next year plus time zone in the 3 year cycle has not been kind to the dollar over the last 20 years. It is possible that the pattern has changed and we have started a major up trend in the dollar that will cause the 3 year pattern to fail or give a late translation but we can't bet on it yet. If the normal pattern is still in force then it has bullish ramifications for stocks and the metals over the next year. It is still too early to call a top in this rally but ... (full story)