Wednesday, February 1, 2012

Silver Vaults Higher in Market Open

Silver is up over 1.75% to 33.85 with gold also marching higher to $1745. 

Apparently, Ben doesn't have everyone on board with the plan.  President Charles Plosser told a business audience, "Monetary policy should be contingent on the economic environment and not on the calendar."
Part of a statement which strictly contradicts Mr. Bernank's promise to keep exceptionally low rates through late 2014.  Full Article Here

It doesn't do any good to complain Mr. Plosser, just back the truck up and load up on silver.