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The Single Most Important Chart In the World Is Breaking Down

August 28, 2017

While everyone continues to focus on stocks, a much larger, far more important situation is brewing in the single most important asset class in the world.

That situation involves the US Dollar ($USD).

While CNBC and the financial media love to talk about stocks, the reality is that stocks are actually one of the smallest asset classes in the world.

Consider the following…

Globally, the stock market is around $70 trillion.

Bonds, by way of contrast, are over $217 trillion.

Currency markets dwarf even this. While it’s impossible to know their full size (every currency trade involves two currencies so the net size is impossible to measure), we do know that the currency markets trade an astonishing $4-$5 trillion per day  (by way of contrast, the NYSE trades less than 4% of this per day).

Put simply, the currency markets are the largest, most liquid markets in the world. So when a major change occurs, it hits these markets first.

On that note, the single most important currency in the world, the US Dollar ($USD) is imploding.

Thus far in 2017, the greenback has fallen like a brick. As I write this it’s down 9% this year alone.

Far more importantly, this collapse has meant the $USD breaking below CRITICAL support. It will now begin unwinding its entire bull market from 2014.

This is going to be like rocket fuel for inflation trades. Gold and Silver will be going to new highs. And smart investors will use this trend to make literal fortunes.

If you’re not taking steps to actively profit from this, it's time to get a move on.

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Graham Summers

Chief Market Strategist

Phoenix Capital Research

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.


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