The Bernanke

KUCH · March 25, 2012 10:29PM

The Bernanke is speaking live now, 7:25 CST. Gold going up....... this happens everytime.

Justacommeman · March 25, 2012 10:37PM

<< The Bernanke is speaking live now, 7:25 CST. Gold going up....... this happens everytime. >>

Except for the time it went down $100 recently

MJ

derryb · March 25, 2012 10:55PM

he's hinting at more QE, always good for PMs

CaptHenway · March 25, 2012 11:22PM

Cue the roller coaster image!

RedTiger · March 25, 2012 11:44PM

Someone did a real study looking at real data, not anecdotes and found it was a coin flip chance, about 50/50 up or down. If dumb money wants to continue to bet on these events, have at it, but don't cry when you lose your lunch money on the next coin flip.

gsa1fan · March 25, 2012 11:46PM

50/50 but one side is dumb $$

renman95 · March 26, 2012 12:11AM

So he says the US economy would rebound if there were more jobs but is not sure if that will happen any time soon and the market goes up 100 points on that brilliance.

roadrunner · March 26, 2012 1:12AM

It really depends more on where the current market stands. After Thursday's final washout it appeared gold and silver had turned. BB's FEDspeak wasn't going to change that.

jmski52 · March 26, 2012 3:01AM

the US economy would rebound if there were more jobs but is not sure if that will happen any time soon

Maybe more jobs ought to be created? Would that help? Hey! I have an idea! Maybe they should cut back on the regulations by a few 100,000 pages or so.

derryb · March 26, 2012 5:22AM

Big domino about to fall:

Forget the eurozone, Japan about to set the economic world afire

RedneckHB · March 26, 2012 5:47AM

<< Big domino about to fall:

Forget the eurozone, Japan about to set the economic world afire >>

Me smells opportunity.

jmski52 · March 26, 2012 6:00AM

I have no idea how to position my assets for something like that. Dollars and gold, I suppose. You paper traders will prolly make a killing.

derryb · March 26, 2012 11:24AM

should be some interesting fireworks if Hero Ben testifies:

A fistful of euros

JCMhouston · March 27, 2012 1:08AM

I was very happy with the Ben Bernank yesterday, my stocks were up 1.67% by the end of the day.

Remember, don't fight the fed!

roadrunner · March 27, 2012 1:39AM

<< I was very happy with the Ben Bernank yesterday, my stocks were up 1.67% by the end of the day.

Remember, don't fight the fed! >>

Or put another way....don't fight the FED and the big 5 banks with their $330 TRILL in otc derivative bets. They can keep interest rates wherever they want as long as they
have this power supported by unlimited, behind the scenes QE.

KUCH · March 27, 2012 2:30AM

RR, you are right on.

Though we can take certain actions to minimize exposure to inflation, monetary manipulation, etc. Until we fall off the cliff.

Got Cash

And just as important, where is that cash?

jmski52 · March 27, 2012 5:38AM

For women, it's "You can never be too thin, too rich or have too many shoes."

For followers of Austrian Economics, it's "You can never have too much gold, too much cash or too much information."

Added: Well, maybe you can have too much cash.

johnny9434 · March 27, 2012 5:41AM

<< 

<< The Bernanke is speaking live now, 7:25 CST. Gold going up....... this happens everytime. >>

Except for the time it went down $100 recently

MJ >>

i heard that was cause it was 2 am and everyone was sleeping. just hearsay thou

JCMhouston · March 27, 2012 5:57AM

Exactly RR, the Fed will do whatever is best for the JP Morgue and the Goldman Sack, just figure out what that is and make money off it.

Timbuk3 · March 27, 2012 5:58AM

If gold goes up everytime Bernanke speaks,
let's have him do it daily !!!

derryb · March 27, 2012 7:11AM

unfortunately, it doesn't always go up. Went down fairly hard earlier this month. You can't expect him to make it too simple for us. He may be stupid but he's not stupid.

jdimmick · March 27, 2012 8:05AM

The bernanke price rise is just about ready to fade

The Bernanke

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