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Tuesday, February 7, 2012

Ben "CTRL+P" Bernanke's Open Mouth Is (Still) A Goldbug's Best Friend

Tyler Durden's picture
Submitted by Tyler Durden on 02/07/2012 10:32 -0500



Five days ago, when Ben, or as he is also known, "CTRL+P", was talking before congress, gold soared as soon as the Chairman opened his mouth, hitting +$15 in minutes. Sure enough, Ben's open mouth is once again a gold bug's best friend, with gold jumping by a nearly identical $14 in the 30 minutes since the Senate version of Bernanke's testimony started today. Keep talking Ben, keep talking... And just wait until Ben starts printing again, to match the ECB's imminent second LTRO.
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