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.

Gerald Celente: Bernanke devaluing the dollar

Federal Reserve Chairman Ben Bernanke spoke to the press today during an undeniably dire time for the American economy. During that very speech, the US dollar hit a three year low and gas prices rose yet again. Should Americans be concerned? Absolutely, says Gerald Celente, director at the Trends Research Institute. While Bernake may have taken to the press, Celente says Bens "jive talk" shouldnt be trusted as he devalues the dollar and distastes the economy.