ben will cut to zero if need be, what happens when you get to zero ben and it still not working oh well guess we'll worry about it than
in the mean time
arty: 
:money8:
Stocks Jump on Bernanke Comments
Thursday January 10, 12:22 pm ET
By Tim Paradis, AP Business Writer
Stocks Jump As Bernanke Says Federal Reserve Stands Ready to Lower Interest Rates
NEW YORK (AP) -- Wall Street turned around and surged higher Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is ready to lower interest rates to shore up a flagging economy.
Bernanke's comments energized a stock market that fell badly since the start of the year amid growing evidence that the economy is weakening.
In midday trading, the Dow Jones industrial average, which had been down more than 100 points in early trading, jumped 62.10, or 0.49 percent, to 12,797.41.
in the mean time
arty: :money8:Stocks Jump on Bernanke Comments
Thursday January 10, 12:22 pm ET
By Tim Paradis, AP Business Writer
Stocks Jump As Bernanke Says Federal Reserve Stands Ready to Lower Interest Rates
NEW YORK (AP) -- Wall Street turned around and surged higher Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is ready to lower interest rates to shore up a flagging economy.
Bernanke's comments energized a stock market that fell badly since the start of the year amid growing evidence that the economy is weakening.
In midday trading, the Dow Jones industrial average, which had been down more than 100 points in early trading, jumped 62.10, or 0.49 percent, to 12,797.41.
silver in the 16's
say goodbye to the 15's forever
wouldn't get to giddy yet, looks like resistence around 16.25 as it topped out there in early november
plus the obvious knee jerk reaction to ben's fed speak is gonna be dollar tanks, gold and silver up
we'll see how it ultimately plays out but in the back of my head i have a gut feeling they can cut to zero but they won't be able to fend off the end game of deflation once world wide consumption comes to a halt
if it gets to that point the R word will change to the D word
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probably my favorite quote, we'll see if TJ is right when its all said and done
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I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
not enough domestic demand to keep up with the capacity that has grown over in china and india IMO
as much as i think they can continue to grow at 10%+ clips while US consumption falls on its face
south america, canada etc very dependent on the commodity boom going forward as well if prices fall on their face they in trouble
