Gold UP 1.9%! Now that is a strong endorsement of just how suppressed the price of gold has been. It smashed through the 1% rule and even the 2% rule. This is a very rare event.
Investing is a dirty word.
Those of you who think Bernanke Won’t pull the trigger on QE 3 and QE to infinity have your head buried deep in the sand. Without massive Fed assistance, interest rates will shoot to the moon, the economy will tank, the bond market will collapse, and the real estate market will tumble, again. Private and government pension plans and many of the major insurance companies will suffer irrevocable damage. It AIN’T GONNA HAPPEN! What he says in unimportant – he has not other choice, not other viable options. You can take that to the bank!