Investorstoday

Tuesday, October 16, 2012

What Ben Bernanke Really Meant At Jackson Hole


What Ben Bernanke Really Meant At Jackson Hole




Last Friday, Federal Reserve Chairman Ben Bernanke gave his much awaited speech at Jackson Hole and it did not disappoint the gold (GLD,DGP) and silver bulls (SLVAGQ). Rather than focusing on the mainstream press reporting that his speech laid the groundwork for additional QE (it did not) he admitted that the Federal Reserve has been making it up as they go along.

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