Bernanke speaks, dollar falls.

Federal Reserve Chairman Ben Bernanke held a press conference today to discuss the dilemma of the US dollar. Will his coming clean do anything to save Americans from the economic slump as the dollar hits a three year low against other currencies? The Market Tickers Karl Denninger says Americans should not be quick to trust Bernanke, as the dollar is only further sacrificed to serve his best interests and not that of the public that is being hit hard by the state of the economy.

Marc Faber on US Bubble, worthless dollar & Gold the Savior

Marc Faber, author of Gloom Boom and Doom Report says many Western governments would eventually follow the US inevitable default suit. Outspoken investor and writer Marc Faber doesnt give America much time before it goes bust.

Marc Faber on US Bubble, 'worthless' dollar & Gold 'the Savior'

Marc Faber, author of Gloom Boom and Doom Report says many Western governments would eventually follow the US 'inevitable' default suit. Outspoken investor and writer Marc Faber doesnt give America much time before it goes bust.

Ditch the Buck! Dollar demise 'a matter of months'

A report by the United Nations says the American dollar should be ditched as the main global reserve currency. It said that the global financial meltdown has exposed systematic weaknesses, one of which is the reliance on the greenback. It also found that developing countries have been hit by the dollar's loss of value in recent years. A number of states, including Russia and China, have repeatedly called for a new reserve currency system. The UN has now suggested using a basket of currencies for this purpose. London-based markets strategist Nick Parsons believes it's only a matter of months before the dollar will start to go down.