Chartapalooza 08/24/12 Dollar, Oil, well .... Everything

I need to churn out some individual detailed reports on the below. I'll see if I can get to that next week. Let me know what you want to see.

Read 'em and weep -

Dollar - I suspect our fiat gets one last pop when the Euro fails. That will piss off uncle Benny, but that's too bad. He'll get his wishes of mega devaluation sooner than later as they MUST devalue to support the exponentially expanding debt of the country. A crash is coming but not till after the Euro failure, rush to safety (LMAO) pop I suspect the failing reserve currency gets. I still think you will live to see the dollar with a $4 handle. Dollar sits at channel support and multi-year s/r  at $81. That's a very important level.

FX Chartapalooza Copper, Silver, Gold, Dollar, Oil, AUD, EUR, USD, JPY, CHF

Don't forget to vote in the new poll ======>

I don't so these all that often, bus since I am tired of talking about all the downgrades and lies about salvation, and since I have not covered most below in some time ..........

Note - all the below should scare the hell out of you (and I am not including the markets). This looks like epic collapse and no stick save option is available.

Welcome to Chartapalooza!

/dx - US dollar - Breaking out above long term down trend. After a 40% devaluation off the 2001 highs you had to figure a rally would have to occur at some point, right? How great is the fear around the globe right now? Well, if they are flocking to the greatest fiat on the planet, that would conclude your lesson on how this global economy is the greatest farce ever manufactured. $81 and $88 are the best two targets here if this improbable run can continue.