Change in direction for the dollar

The trend has changed and the dollar is now in a downward slope compared to the euro. For the first time since the dollars upward move, we now have the euro hitting higher highs and higher lows.

Even though we have this confirmation of a change in the trend, I am still of the opinion that the euro will in the future end up at much lower levels against the dollar. The timing of this outcome however is another matter altogether.

Theoretically speaking commodities and gold should do well, however both are so outrageously overpriced that I dare not even consider the notion.

Assuming that the fed does not overdo it with the printing press, stocks, especially manufacturing stocks (most are priced for scrap), should do just fine and should more than increase in value compared to the loss in the value of the dollar.