Just wanted to share my preferred wave count for the dollar, expressed here by a Kitco forum member (QuadG). From my perspective, the timing of this collapse in the dollar should mesh very nicely with Tyhee's move into production assuming we get close some time in 2012. In the near term, Quad makes the point that it could be dicey for commodities and stocks, depending on the potential movement in the USD index beyond support at 78, or its rise to the 82-88 area.

Hard to make out in the chart, but what's also impressive to me is that he idenitified a multi-year triangle pattern in the dollar- one that should end later this year if he's right, or much sooner if we break 78 to the downside. I think he's a gifted technician, and encourage any of you who want to keep up with what he does by following his thread over on Kitco.

http://i746.photobucket.com/albums/xx108/QuadG/USD12-4-10.jpg

http://i746.photobucket.com/albums/xx108/QuadG/USD1-15-11.jpg