Bernanke Press Conference --

Ed62 · April 27, 2011 5:52AM

New record high for gold

ambro51 · April 27, 2011 6:01AM

The man certainly inspires confidence, dosen't he?

derryb · April 27, 2011 6:02AM

Record high for AGQ, up $41.32/14.09%. It should all be uphill for a while, dollar still looking pretty thin.

<< The man certainly inspires confidence, dosen't he? >>

I gotta admit, he sure makes me confident in my investments.

mrearlygold · April 27, 2011 6:10AM

<< The man certainly inspires confidence, dosen't he? >>

ksammut · April 27, 2011 6:24AM

<< The man certainly inspires confidence, dosen't he? >>

Too funny but sad.

Ed62 · April 27, 2011 6:27AM

Why is it "sad"??

DoubleEagle59 · April 27, 2011 6:28AM

I just about spit out my coffee when he stated his inflation (read very low) projections for the next couple of years.

DoubleEagle59 · April 27, 2011 6:29AM

<< 

<< The man certainly inspires confidence, dosen't he? >>

Too funny but sad. >>

It's sad for two reasons:

1. His policy is ruining the US dollar (and hence, the country).

2. Many, many people believe he is on the right path.

Ed62 · April 27, 2011 6:34AM

You prefer:

Falling stock market
Rising unemployment
Declining house prices
More factories underutilized
Declining exports
Recession

???????

truthteller · April 27, 2011 6:50AM

Isn't Bernake a Chinese agent?

TRUTH

steelielee · April 27, 2011 6:53AM

<< I just about spit out my coffee when he stated his inflation (read very low) projections for the next couple of years. >>

Sure it's low and under control...simply remove all things that are going up in cost...food, energy, etc.....kinda like saying your personal budget is under target as long as you don't pay your mortgage...

roadrunner · April 27, 2011 6:58AM

I thought the reason for the conference was to talk the dollar up......not down?

roadrunner

derryb · April 27, 2011 7:40AM

<< You prefer:

Falling stock market
Rising unemployment
Declining house prices
More factories underutilized
Declining exports
Recession

??????? >>

I prefer a robust economy than can only exist when the 2Ws quit trying to MAKE it happen.
-Let the stock market settle to its true value, if an investor paid more than what a stock is truely worth, let him eat the loss.
-Employment will rise in a free market economy. Quit paying people not to work and they will find work, even if they have to work for themselves. If they can't afford food let them learn to grow it.
-Let house prices settle at their "real" value and yes, there will be unhappy owners - those that paid more than they shoud have.
-Factories that provide what the consumer wants at a price the consumer is willing to pay will not be underutilized. Those that don't will fail as they should.
-Give the foreign buyers what they want at a price they are willing to pay. If you can't then don't export.
-There would be no recession if the FED didn't fiddle with interest rates and money supply and Washington lived within its means.

Set the market free and it will rid us of the waste and reward the producer. There will be crying and mashing of teeth, but the outcome will be a healthy economy.

stevek · April 27, 2011 7:45AM

November 2012 can't get here fast enough for me to hopefully get rid of some of this disease which has infected our country.

MilesWaits · April 27, 2011 7:47AM

Da Bernank for those that may have missed it (maybe left the country).....

derryb · April 27, 2011 7:48AM

<< November 2012 can't get here fast enough for me to hopefully get rid of some of this disease which has infected our country. >>

You still only have one choice: one of "their" candidates. Elections change nothing but the faces.

"meet the new boss, same as the old boss....Won't get fooled again."

nccoin · April 27, 2011 8:13AM

<< November 2012 can't get here fast enough for me to hopefully get rid of some of this disease which has infected our country. >>

None of this matters anyway, isnt December 2012 doomsday?

SeattleSlammer · April 27, 2011 11:36AM

Set the market free and it will rid us of the waste and reward the producer.

I'm not sure how you can so confidently forget recent events but I do admire your absolutely unfounded righteousness!

ArizonaJack · April 27, 2011 11:54AM

<< 

<< You prefer:

Falling stock market
Rising unemployment
Declining house prices
More factories underutilized
Declining exports
Recession

??????? >>

I prefer a robust economy than can only exist when the 2Ws quit trying to MAKE it happen.
-Let the stock market settle to its true value, if an investor paid more than what a stock is truely worth, let him eat the loss.
-Employment will rise in a free market economy. Quit paying people not to work and they will find work, even if they have to work for themselves. If they can't afford food let them learn to grow it.
-Let house prices settle at their "real" value and yes, there will be unhappy owners - those that paid more than they shoud have.
-Factories that provide what the consumer wants at a price the consumer is willing to pay will not be underutilized. Those that don't will fail as they should.
-Give the foreign buyers what they want at a price they are willing to pay. If you can't then don't export.
-There would be no recession if the FED didn't fiddle with interest rates and money supply and Washington lived within its means.

Set the market free and it will rid us of the waste and reward the producer. There will be crying and mashing of teeth, but the outcome will be a healthy economy. >>

Fantastic post !!!!! I only read this far and had to quote it. You get it DerryB !!!!!

Goldbully · April 27, 2011 11:56AM

<< Da Bernank for those that may have missed it (maybe left the country)..... >>

Thanks for the replay of the Fed's own, 'The Ben Bernanke'!!! So cool!!! So honest!!!!

jmski52 · April 27, 2011 12:13PM

Set the market free and it will rid us of the waste and reward the producer.

I'm not sure how you can so confidently forget recent events but I do admire your absolutely unfounded righteousness!

I have to wonder what free market we've seen recently that *hasn't* worked to rid us of waste and reward the producers.

Maybe if we actually had a free market, we could find out. Manipulated markets aren't free markets. Planned economies only reward government cronies.

questor54 · April 27, 2011 12:17PM

<< Set the market free and it will rid us of the waste and reward the producer.

I'm not sure how you can so confidently forget recent events but I do admire your absolutely unfounded righteousness!

I have to wonder what free market we've seen recently that *hasn't* worked to rid us of waste and reward the producers.

Maybe if we actually had a free market, we could find out. Manipulated markets aren't free markets. Planned economies only reward government cronies. >>

I guess the best strategy in these times is to become a 'government crony'. That way you will be rewarded.

shorecoll · April 27, 2011 12:22PM

I know it's probably being discussed on the PM boards, but someone buying 20Mn ounces of silver in the middle of the speech, reeks of gaming the system...whatever you think of the Feddies.

ArizonaJack · April 27, 2011 12:40PM

I suspect this thread will poof

Lakesammman · April 27, 2011 1:57PM

Hey, this belongs on the Open forum unless someone quickly posts a coin.

Justacommeman · April 27, 2011 2:11PM

From the Columbia Univ student competition. (CBS aka Columbia Business School). Dean Hubbard was second choice for the Fed job. His students made the video.

one of the best parodies evah. The guy who lost out to the beard

MJ

pakasmom · April 27, 2011 2:32PM

That was awesome! Created in 2006 no less...

Bernanke Press Conference --

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