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January 2010
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From one bubble to another

Gold, Oil and just about everything else went higher today, much higher. Was this a signal that the bull market has more to run? Well, don’t ever underestimate those that lack ability to reason. Bernanke gave a whorish of a speech reemphasizing easy money policies and low rates. What he is really saying is, do not worry bankers, I won’t take away your punch bowl too early. Glad to see that those hard working ethical bankers who really care about society will be able to make the millions they deserve. […]