Is it better to have a weak dollar?

The value of the dollar continues to go down.

It is good for the stock market because it makes commodities go up in price.

For instance if a company does 30 percent of its business in America and 70 percent oversees,it makes them more competitive because it is cheaper and profits go higher.

Mark Teed of Wells Fargo explains, "There is a real benefit for having a weak dollar short term but long term it is not a good policy. Why? Because by debasing your currency you put a lot of your senior citizens or anyone who lives on fixed incomes at a real disadvantage because purchasing power drops as the dollar weakens."

And with a weak dollar gold continues to climb selling now above 11-hundred dollars an ounce.