Monday, December 6, 2010

Mr. Bernanke Speaks

Busy day today but I wanted to throw this up.  I will be back later tonight.

Mr. Bernanke flapped his gums last night and the market reacted by flocking to the metals after hearing him say that more QE isn't out of the question.

All confidence in currencies is slowly but surely being lost as the central banks print them into worthlessness.

Will it really matter what the market does moving forward if the dollars it's priced in aren't worth anything?

Silver broke above $30 for the first time in 30 years before pulling back.  JP Morgan is probably having a panic attack as they watch their massive short position get smashed:

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