By Nicholas Santiago on October 6th, 2010 9:42am Eastern Time
There is only one chart that matters right now and it is the U.S. Dollar Index. As dollar falls the stock market indexes inflate higher. This morning the U.S. Dollar Index is trading lower by another 0.14 cents to $77.60. Since June 7th, 2010 the U.S. Dollar has declined by over 11.0 percent.
Everything in the commodity group has soared especially gold and silver. Gold and silver are now being viewed as the world's reserve currency as central banks around the world are stumbling over themselves to devalue their currencies. However, it is the U.S. Dollar Index that moves the markets higher when it declines.
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