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Patriot Radio News Hour: Gold Explodes After Bernanke Gives QE2 Green Light! 1/3

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Uploaded by on Oct 19, 2010

by Tyler Durden - ZeroHedge.com
More broken gospel from the Central Bank of faith and hope, as gold surges, despite what anti-gold bugs out there preach day in and out:

Fed's Bernanke says sees case for further action with too low inflation
Fed's Bernanke says Fed could buy assets, alter statement
Fed's Bernanke says hard to determine pace, size of any purchases, must weigh costs, benefits in deciding how aggressive to be
Fed's Bernanke says Fed has tools to ease when rates near zero, earlier bond-buying was successful in lowering long-term rates
Fed's Bernanke says risk deflation is higher than desirable, unemployment clearly too high
Fed's Bernanke says at current rates of inflation, short-term real interest rates are too high
Fed's Bernanke says unemployment to decline slowly, prolonged high unemployment would pose risk to sustainability of recovery
http://www.allamericangold.com/

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  • thanks for posting

  • Hey Craig,

    In case no one has told you...

    "Invest in the pm's...

    gold, silver, lead and cold blue steel."

  • silver up 5 %

    last week..

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