Clive Maund sees dollar rally continuing

A picture tells a thousand words, and perhaps charts do not lie. But they do require some interpretation and Clive Maund is a master chartist. On his reckoning the dollar rally is for real and that has negative consequences for stocks and commodities, including oil and gold. This is a deflationary force.

The big question is how long such a rally will continue, and what happens when it is done? Answer that successfully and you would be able to retire on the proceeds of your investments in 2010!