US Dollar may have reached a PEAK. Could be BIG for metals

This chart shows the US Dollar has rallied back to highs - setting up what may be a triple-top.

I find it interesting that strong downward momentum in the US markets is freaking everyone out - yet my custom indexes suggest that the US/GLOBAL markets are seeking a bottom.

One thing is for sure - the US Dollar has RIPPED higher and could be setting up a dramatic shift if the global economy rolls into Stagflation.

I see the rally in the US Dollar as a flight to safety for foreign capital (moving into US assets and attempting to avoid foreign current risks).

Yet the Fed is actively trying to deflate that trend by raising rates.

In some way, the US Dollar may continue to stay stronger than other foreign currencies, but I see the US Dollar moving downward over the next 12+ months as the Fed attempts to burst asset bubbles.

Capital will flow where opportunities exist - that may still be in US Assets. But I see the US Dollar moving downward while other currencies move lower as well.

The great Unwinding is here. Should be fun.