GOLD 0.51% $1,391.7 gold futures

bernanke to hike rates to stop inflation

  1. 385 Posts.
    I'm not making this up, that's what he says: "At some point, however, as economic recovery takes hold, we will need to tighten monetary policy to prevent the emergence of an inflation problem down the road".

    http://online.wsj.com/article/SB10001424052970203946904574300050657897992.html?mod=djkeyword

    Believe it or not. I wouldn't blame you if you didn't. But someone will buy it. In fact, the greenback is back up to 79 already.


 
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