Segment 1: Stock Trading Q&A for New Traders SEGMENT BEGINS AT 02:25 In this segment, Jerry Robinson answers some of the most common questions we get from new traders about how to get started in trading the markets. Q&A topics include: What is the difference...
From Richard Russell in Dow Theory Letters:
…As I’ve said a thousand times, Fed Chief Bernanke will absolutely not accept deflation…
Shrewd gold-accumulators are well aware of [this]. As the deflationary and deleveraging forces press on the US economy, the Bernanke Fed is ready to devalue the US dollar in its (“whatever it takes”) battle to hold back deflation.
Let’s boil the whole thing down to three sentences.
(1)The Fed will not tolerate the growing forces of deflation.
(2) To combat the deflationary forces, the Fed will devalue the dollar by printing trillions more of Federal fiat money.
(3) Once it is realized that the Fed is on the path to devalue the dollar, there will be a panic to buy and own gold.