The Fed goes political

"Now the spigot is open — wide open. QE III is here. And the Fed is about to become a campaign issue, whether it likes it or not. 

Chairman Ben Bernanke announced Thursday that the Fed would spend $40 billion a month on mortgage-backed securities with no set date to end those purchases."      [Human Events]

That ROAR you hear coming from Washington is the printing presses running into overdrive to print more money!    Big time inflation is on the way.   Did you notice SPOT GOLD took a $50/ounce jump today?     [clipper]