[JasonC]

He isn't claiming the US economy will recover so soon, he is claiming the dollar will stop falling and turn around. It is oversold, all the moves have been overdone as usual, and the future direction of dollar interest rates is upward not downward. Though slowly, no doubt. Euro rates still having dropping to do.

Gold has been declining at a 75% annual rate since the Bear Stearns bailout. Nobody ever talks about the "robbery" involved in that, though lol.

[nicola_tesla]

The dollar will only turn around when interest rates go up or other central banks cut their interest rates.