What Bernanke Really Said, Or How The Chairman Just Lost Control Over Policy Again

Thursday, July 11, 2013
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/10/2013

“We don’t believe the Chairman’s intentions have changed. Regardless, the Chairman’s credibility is once again damaged. If the Dollar breakdown continues, it will be a sign that the market believes the Chairman has again lost control over policy. The asset clearly in the best position in such an environment is Gold. After such a notable correction in the past 9 months, the precious metal once again becomes a very attractive global asset if monetary policy in the largest economy of the world spins out of control.” – Mike O’Rourke

The Rest…HERE

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