US Dollar: Rally over?

Larry Edelson predicted that before the gold correction is over, we should see a rally in the US Dollar. Then a crack in the 30 year US Treasuries.

Well, we had seen the rally in the US Dollar and we also saw the crack in the Treasuries. Then we saw a rally in US Treasuries. Then, last week, the Treasuries closed below 142 again. Here is the graphic:

We see a sharp drop in Treasury price again.So, this is unsettled. Every time there is new anxiety in Europe, the Dollar goes up in value.

Wall Street Sunrise writes that:

"It's the Yuan's world and the West is just living in it.

It's no coincidence that Yuan settled trade jumped 41.3% to nearly 3 trillion Yuan in 2012-- - after it increased by more than 300% in 2011.

In fact, since June 2005 the Chinese Yuan has risen 24.66% against the US dollar backed in part by 1.3 billion consumers and real assets.

To borrow a tech term, the Yuan is the world's new "killer app."

Whoah! The Yuan is still a fiat currency. Untill it is backed by gold...