The Bernank has just completed his prepared statements. Unbelievably, the dollar was given no verbal support whatsoever. The dollar is subsequently collapsing, dropping from 74 to 73.56, and gold and silver have again gone vertical.
Gold responded instantly by vaulting to a new all-time high of $1524.90!
This is unprecedented as the cartel ALWAYS smashes gold and silver while Bernanke is speaking!
So much for our call that Bernanke would attempt to provide verbal support for the dollar at 74 and smash down gold and silver prices. Expect silver to return to its recent highs near $50 in the next week, and gold to challenge $1550.
The dollar is now finished, and will make an imminent convergence on its all-time lows near 72.
