- The U.S. Dollar has stopped selling, has formed a new base and will now rally. Technically, the dollar has mini-rallies on the way down to oblivion. Bernanke has only one card left to play and that is to keep printing dollars. His rate cutting bullets are near the end and he is cornered. Big financial players the world over are tossing out dollars and tiny business people on the street in foreign nations are refusing to take them at all. The Euro is the new choice; FOR NOW.
True, the dollar has stopped falling for now, but seems like everybody and their mother's thinks the slide is only short term. Maybe for that fact alone the dollar will rally more than people think.