'Cause...they ain't gonna let the suckers off that easy...!
Today, Bernanke is just another one-day-wonder...yesterday's "data point."
This market simply can not go down...on any sustained basis until after May 1st...that's really Wall Street's "problem" today.
I would look for a big attempt to drive down gold today... The FED only mentioned "commodities" but the market masters know, or think they know, that this really means gold, the "king pin commodity." At least until the recent oil run up....
My hunch is that we could see a huge sell off in gold and gold stocks this week...and this would be a great chance to buy in... The theory being that gold will go down because bonds now yield more...
But of course that does not take into account the geopolitical and macroeconomic risks of the US economy.
In any event...wild swings in gold are possible...and oil could get whipsawed in the process...
DESPERATE MARKET MASTERS ARE AFOOT TODAY...!