iShares Silver Trust (SLV)

[canestsal]

Ben Bernanke: More accommodative policy coming (QE3)

Despite saying that injection of Federal funds into the markets would cease two weeks ago, Mr. Bernanke testified today that the markets require more accomodative policy (QE3), in order to stabilise labour markets.

This is an inflationary measure.

Silver investors tread carefully. This either means that the Fed is pre-emptively attacking deflationary concerns, or that we are entering into a quasi-inflationary period once again ...