This chart is originally from Jim Sinclair’s MineSet which is the best information available on the Net or anywhere for that matter. The dollar is starting the long road down and confirms the slide has started.  Oh, and here a bit of news on the US Treasury. The chart of the year perhaps.

Each month, the US Treasury publishes its International Capital account, (TIC) which foreign currency traders and bond dealers use to gauge the flows of money from around the world, into and out-of the US-capital markets. The demand for a nation’s bonds and stocks, combined with international trade flows for goods and services, plus behind the scenes intervention by central banks, all act in concert to influence the foreign exchange market which handles $4-trillion per day.

A surplus in TIC inflows is generally seen as a positive for the US-dollar, because it signals that foreigners are willing to increase their holdings of US-securities, displaying greater confidence in the currency. On the other hand, a TIC deficit is generally interpreted as bearish for the US-dollar, because it means that foreign inflows into the US aren’t sufficient enough to fund government borrowing. http://www.safehaven.com/article-13381.htm