$5 GAS IS THE TURD IN BERNANKE'S PUNCH BOWL...!

BERNANKE'S "FREE MONEY FOREVER" MONETARY POLICY HAS ONLY ONE "GLITCH"...GAS PRICES...

OF COURSE...FOOD INFLATION AND COMMODITY INFLATION ARE RELATED TO GAS PRICES...AS COMMODITIES ALL RISE MORE OR LESS TOGETHER...THEY ARE REALLY ON THE SAME "ESCALATOR"...GOING UP OR DOWN...

IF GAS PRICES  IN CALIFORNIA ARE A HARBINGER OF THINGS TO COME...?

THE NEED TO "DEFEND THE DOLLAR" WITH HIGHER RATES...COULD BE CLOSER THAN THE FED THINKS...

FREE MONEY FOREVER IS NOT A SUSTAINABLE MONETARY POLICY...BUT IT IS REALLY THE ONLY THING "WORKING" IN THE US ECONOMY NOW...

STIMULUS FROM WASHINGTON IS OFF THE TABLE...

AND BANKS ARE NOT REALLY LENDING TO ANYONE WITHOUT A PERFECT CREDIT SCORE...BECAUSE THE RATES ARE SO LOW...THAT THE BANK CAN'T TAKE A CHANCE ON A DEFAULT...THERE IS SIMPLY NO CUSHION TO FALL BACK ON...

THINGS COULD GET INTERESTING IF HELICOPTER BEN...BECOMES WIEMAR BEN...LATER IN 2013....AS I SUSPECT HE WILL...  

IF THERE IS A TURD IN BERNANKE'S PUNCH BOWL...HE MAY HAVE NO CHOICE BUT TO "TAKE THE PUNCH BOWL  AWAY..." AND THAT HASN'T HAPPEN SINCE THE EARLY 80'S...!!

GOLD IS OF COURSE THE PLACE TO BE LONG TERM...NO MATTER WHAT HAPPENS...OR WHO IS ELECTED...