Bernanke Makes Forceful Case for More Fed Action to Spur Growth

The NY Times News Flash:

The Federal Reserve chairman, Ben S. Bernanke, delivered on Friday a detailed and forceful argument for the benefits of new steps to stimulate the economy, reinforcing earlier indications that the Fed is on the verge of action.

Mr. Bernanke said that the Fed’s policies over the last several years have provided significant benefits, that a clear need remained for the Fed to do more and that, in his judgment, the likely benefits of such actions outweighed the potential costs.

AND GOLD JUST LEAPED $30 $41 FROM IT’S LOW OF THE DAY!

Bernanke, Gold, Business

3 Responses to “Bernanke Makes Forceful Case for More Fed Action to Spur Growth”

  1. Gold at 1687.

    Correlation?

    Nah.
    .

  2. TMI, going a lot higher!

  3. Fingers crossed.

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