Ben Bernanke

Well, what you OUGHT to know is that the bond market may finally be cracking up…..

The latest news to depress me is that incomes were reported down 0.1%, and the latest news about spending is that spending is up 0.2%….

Sorry, Ben, can’t feed Wall Street cake and then dilute it too…..

www.FinancialArticleSummariesToday.com The straight-faced dissemination of transparently amateurish “official analysis” these days loudly proclaiming that an economic rebound is underway is so blatantly short on truth that it reveals a disturbing level of desperation to raise confidence. Furthermore, it clearly shows that the damage to the national economic infrastructure is so great that the practices deployed … Continue reading

I’m going to start off by stating that I don’t think Bernanke is going to “get away” with the insane monetary policy he’s chosen. Printing trillions of dollars, cutting rates to zero, trying to manipulate the bond market and generally tampering with the natural market forces is going to have consequences. There is a price that … Continue reading

Germany’s Prime Minister, Angela Merkel, was in the news today defining the conditions upon which Germany would provide financial assistance to Greece. Included in the list of requirements is a plan…..

A: His lips are moving.   Here’s a direct quote from a speech Bernanke gave to the National Economists Club in 2002, when he was jockeying to become Greenspan’s successor: “U.S. Dollars have value only to the extent that they are strictly limited in supply. But the U.S. Government has a technology, called a printing press … Continue reading

Various Gold-Related video clips from last week…..great stuff and worth your time….

If there is one man in the nation’s capitol who maybe isn’t too unhappy about Treasury Secretary Tim Geithner being in the news today, it’s probably Fed Chairman Ben Bernanke who delivered a speech titled Monetary Policy and the Housing Bubble over the weekend, a topic that continues to generate a lot of discussion at … Continue reading

In this long essay from The Wall Street Journal, James Grant of Grant’s Interest Rate Observer remarks that the Federal Reserve “isn’t overtly manipulating” the gold market. His implication is that the Fed might be manipulating the gold market covertly. Maybe this is a small step in the right direction by someone who surely is erudite enough to know better already.