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<p>[QUOTE="fatima, post: 1386340, member: 22143"]I think it's funny that people think mere words from Bernanke caused this drop in bullion prices. For days we have had it stated here that silver will continue to rise, unabated due to his policies and yesterday, he did not announce any change in said policies. Things are as good (or bad) as they were on Tuesday. For example, IBM, a big beneficiary of Obama progressive economic stimulus via printing from the Fed, announced that it is laying off another 1400 people in the USA on Tuesday. </p><p><br /></p><p>The only thing that Bernanke can say, which he can't say because they are on the fiat death spiral of their own creation, is that he is raising interest rates, ..... substantially. This is the only thing that will bring gold and silver back in line. </p><p><br /></p><p>If one truly believes that just his words can affect bullion prices, then you should get out of PMs now. Else, if you truely believe it's fundamentals of the economy and how it is being handled, then his words are irrelevant. You guys should be happy because this is an opportunity to get some more bullion for cheap, compared to where it's going.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1386340, member: 22143"]I think it's funny that people think mere words from Bernanke caused this drop in bullion prices. For days we have had it stated here that silver will continue to rise, unabated due to his policies and yesterday, he did not announce any change in said policies. Things are as good (or bad) as they were on Tuesday. For example, IBM, a big beneficiary of Obama progressive economic stimulus via printing from the Fed, announced that it is laying off another 1400 people in the USA on Tuesday. The only thing that Bernanke can say, which he can't say because they are on the fiat death spiral of their own creation, is that he is raising interest rates, ..... substantially. This is the only thing that will bring gold and silver back in line. If one truly believes that just his words can affect bullion prices, then you should get out of PMs now. Else, if you truely believe it's fundamentals of the economy and how it is being handled, then his words are irrelevant. You guys should be happy because this is an opportunity to get some more bullion for cheap, compared to where it's going.[/QUOTE]
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