*Bernanke fails to deliver QE3
*Promises more ZIRP
*Fed expects inflation to remain subdued
Translated into modern vernacular: Fed to continue back-door printing for now, as open QE3 would send gold to $2250 and silver above $50.
Click link below for The Fed's full Monetary Policy report just submitted to the House Financial Services Committee.
http://www.federalreserve.gov/monetarypolicy/files/20120229_mprfullreport.pdf
