Following my previous posting, the U.S. Dollar plunged to a new all-time record low and a new record low closing. This old record had held since last November, and the Dollar had been holding within a trading range since then. Today, it broke out to the down side. This is an ominously frightening sign of possibly even higher and accelerating inflation to come. I expect that not only will the USD continue to fall farther; commodities will, in turn, move higher still.
