Is the Dollar Ever Going to be Strong Again?

I just found a great post by the 2Million's finance blog talking about how the dollar decline has affected his day to day expenses over the last 8 months in China. The article really shows the real world effect the dollar's decline has had on our purchase power abroad. I used to travel to Europe fairly often during the summer and I can't even consider that possibility now with the Euro hovering around $1.50 US. When it was at $1.33 it sucked but now it is too expensive to even consider traveling there. If you are wondering how this decline compares to past historical declines here is a great article on the subject. The dollar started declining in July 2001 and has currently dropped about 40% making it one of the longest and most severe in history (keep in mind this article was written in a while ago so it doesn't include the further decline from the last few years.

The average bull market for the US Dollar is 1,710 days long for an average gain of 48.90%. The average bear market is 1,610 days for an average decline of 31.84%. Based on these averages, the current bear market is both longer in duration and more extreme in its decline. 

My answer? I moved some of my investments into Euros using Everbank. At least this way my savings is not 100% based on the dollar.