I did you all a favor yesterday, I got out around noon. I went "all in" on Sep 1st, and yesterday I reached my breaking point - which probably means that you guys going to start making some money. Good luck.
It sounds crazy, but the $usd is now too low. messing with $ like this is crushing other countries as well as us. reversal with violence is my call. could start at the open, but more than likely later in trading day.
The dollar index represents the relative strength of the dollar versus other major currencies (Euro, Yen, British Pound, Etc.). Since this is a global problem of about 700 trillion too much in financial derivatives, it won't do any good to devalue one currency against another.
The only way out of this mess is to make the major countries' gold, and that of the IMF and BIS (bank of Intl. settlements) gold worth enough to make a substantial backstop.
Some folks are throwing around a price of $5000 gold, but that seems awfully low. Remember, the world's gold is worth hundres of billions at present prices, and the world's problems are in the hundreds of Trillions.