And no ne seems to get it. They sucked all the discretionary income out of the consumers pockets. Bush allowed this. Now, there will be no recovery until we nationalize Big Oi;. And Bernanke? He is a complete jerk. Tell him to shave and get a wig!!
after they downgraded it... haha What a group of slime.
He has pumped so much free cash into the system.. Wow. Corporations are floating in cash. But they are not hiring. And production is down. And the deficit continues to grow. And the government is going bankrupt.... So, when the bubble bursts, DEPRESSION!!!!! Thanks a lot Ben.
You get a buying opportunity. The market just doesn't like that #$%$.
Basically, Bernanke said the economy sucks. The GDP #s today were very bad. IMO, we are seeing a reaction to a flat interest rate policy. So, nothing has changed. If you keep pumping cash into the market, the price of gold goes down, because there too much liquidity.