Video: Bernanke's Own Words on Fed Policy, QE2

Bloomberg summary clip of the Bernanke presser - runs 3 minutes.

• Bernanke Must Have Lost My List of Questions: Caroline Baum
• Bernanke Avoids Gaffes, Regrets Rogoff Chess Game
• Consumer Confidence Falls on Higher Gas Prices
• Initial Jobless Claims in U.S. Increase to Three-Month High
• If Bill Gross Sees U.S. as Shaky, Check Japan

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The complete press conference...

Comments

[DailyBail]

Dollar Weakens, Treasuries Gain as U.S. GDP Slows; Stocks Rise

http://www.bloomberg.com/news/2011-04-28/dollar-index-drops-to-lowest-since-2008-on-fed-pledge-stocks-oil-advance.html

[DailyBail]

Bernanke Says End to Fed’s Treasury Buying Unlikely to Have Major Impact

http://www.bloomberg.com/news/2011-04-27/bernanke-says-end-to-fed-s-treasury-buying-unlikely-to-have-major-impact.html

[ain't bullshitt'n]

He's right...It will not impact a recovery in any way because there is none. However, when QE2 runs out and QE3, QE4, and their little QE children crank up.....your GOLD and SILVER may be severely impacted, as they are set to rise over the next 12 months to infinity......AB