Tuesday, February 26, 2013

BERNANKE SPIKES GOLD PRICE...

BERNANKE HAS BEEN GOOD FOR THE GOLD BUGS...

THE REAL BOTTOM LINE IS BERNANKE WILL NEVER RAISE RATES...

LIKELY BERNANKE WILL LEAVE OFFICE WITHOUT EVER HAVING RAISED RATES FROM ZERO...

THAT WILL BE THE JOB OF THE NEXT FED CHAIR IN A COUPLE OF YEARS...  I SENSE THAT BERNANKE IS JUST TRYING TO RUN OUT THE CLOCK ON HIS TERM IN OFFICE...AND WILL HOLD RATES AT ZERO FOR THE DURATION...  THERE IS A TOXIC EQUILIBRIUM IN THE ECONOMY THAT LIKELY CAN LAST FOR A COUPLE MORE YEARS....

IN FIVE YEARS...THERE WILL BE A MAJOR CRISIS...BUT BERNANKE WILL BE OUT OF OFFICE BY THEN...