is the US Dollar...CRASHING??

 The short answer is:  NO.  

The real answer is: It's slowly losing value.  Rather than bore you with a lot of mumbo jumbo we'll look at the DXY chart.  This chart is a basket of currencies based on per centages of the:

- British Pound

- The Euro

- Japanese Yen

- Canadian Dollar

- Swedish Crona

- Swiss Franc

Now, when the Euro became the currency for most of Europe, this list had to be revised to what it is today. 

So we'll look at a monthly chart of the DXY as of today (click on the chart to get a clearer picture of it):

You'll notice that the trends that show the USD getting stronger take longer to peak.  And the declining trends  happen faster.  The two major moves down both took about 2300 to 2400 days. The moves from the bottom took 3600 to 4800 days to finally bottom. There's not a lot of data, but there is enough data for us to draw some conclusions (reasonable or not):

- The USD has hit a major top and the next major decline possibly has begun

-  If the trend holds -it may or may not hold- the USD will bottom at around 62 

-  The bottom will occur somewhere in the neighborhood of 3 1/2 years. This would put the bottom in the range of sometime in late 2028 to early 2029. 

As you can see from earlier movements, this was neither a steady decline nor a steady incline. Also, the time I suggest could be much longer or much shorter.

But what this does mean, USA contractors and engineers will be in higher demand by foreign companies for services.  I mentioned in another post that I was getting paid in British Pounds and each month when the Pounds hit my American Bank I essentially got a "raise" once converted.

Also, US goods such as automobiles will be far cheaper.  US companies who do business overseas will see their profits soar. 

But if you want to visit Japan or Europe, you'd better do it now.