Gold – No Inflation. Dr. Bernanke
In the US economy according to Dr. Bernanke, all’s well in the world of QE forever. “I don’t believe significant inflation is going to be the result of any of this,” Dr. Bernanke said in a speech yesterday at the University of Michigan, referring to the Fed’s new policy of pumping in 85 billion a month of new money, created out of thin air by the magic of the Fed. But then he would say that, wouldn’t he. Just imagine if he blurted out, “I do believe significant inflation is going to be the result of this.” Stock markets and the bond market would collapse, gold, silver and crude oil soar, as shocked investors tried to get out of to be depreciated dollars, and into anything with a tangible asset value.
Read more: http://1goldinvestment.com/gold-no-inflation-dr-bernanke-2/