Maybe someone read my notion that Bernanke can't save the dollar all by himself...? After all, the yada yada was that Bernanke was the center of the universe...and the FED could do anything at anytime...
Well, maybe not...
And this idea that oil inventories are at an 8 year high...and oil is still at 70 needs some explaining...?
UNLESS? OIL TRADERS TOO SEE BERNANKE AS UNABLE TO "SAVE THE DOLLAR" BY HIMSELF THIS TIME AROUND!
Now that IS a scary thought...oil traders who actually "think" that is...
But then, Volker didn't exactly have a cakewalk the last time a big war and a bad president trashed the dollar...