best silver exposures, page-18

GoGlenroy "Also the bond markets are the creditors of the US. Ben has mentioned easing is a possibility in my opinion to re-assure the bond market that they will be paid."

Certainly, and with the deficit problems there had to be some reassurance. QE3 has a number of reasons (some strategic) for implementation and a simplistic view of it's reasons for existence and it's full effects would be erroneous.

As Bernanke wants monetary policy held as is he is definitely talking to a specific audience.

There's one creditor that would dislike any form of QE, China.

However our discussion centers on PM and more closely silver and the rise of both silver and gold as PM drivers as investments and a safe haven in times of doubt (eg. US default)

There's plenty more doubt ahead. More instability and more reliance on safety assets.

Once out there safety is like a huge magnet.