iShares Silver Trust (SLV)

[vero]

True Blue, I believe that Bernanke will let the ball put pressure on the Congress for a while. What has been proven is that QE did not have the effect expected (I did not expected it would). Structural reform is needed in many areas. Same thing that Merkel from Germany wants with the problem countries. On the other hand, the Congress does not seem to be focused on the real problems that need to be addressed.
I don't expect QE to come so soon...I think he wants to pressure the politicians to do something as he has asked many times but nobody pays attention, and pressure will build in the politicians the lower the stock market goes (because of the lack of the sooo wanted QE), as that hurts directly were it hurts the most, on the people they care the most (corporations who feed them and themselves). I imagine that their cry for more QE (which can be heard very loud in mainstream media) will be heard a lot louder before it actually happens.
Inflation is in line with the FED's target, I don't think he is in such a hurry yet.
That is how I see things...of course I could be completely off and be surprised with a printing of money sooner that expected. But in any case I believe it will take a while unless something changes the game (war, bad weather catastrophe, nuclear accident and god knows what else).
We will see...
vero