Scratch my head. How is bernank going to keep rates low ? Who's going to buy the Treasuries ? The rollover QEII money is insufficient. Fed is spending $1.60 for every $ it collects.US debt $14 TUnfunded liability $100 T (pension, healthcare)Funded liability $170 T (social security)I can understand gold going down if rates go up. But rates are not going up. Evidenced by TBT going down. So,.uh....What's up Bernanke sleeve ?
Simply put, he's a professional liar.