Following Fed Chairman Bernanke's testimony before Congress today, here is the score. Perhaps those Congressmen should have asked Mr. Bernanke this:
Can you spell, "inflation"?Scores:
All these charts are from today, February 28, 2008!
(There are many more currencies and commodities, but these are the ones I follow.)
(There are many more currencies and commodities, but these are the ones I follow.)
Bernanke: zero
U.S. Dollar: DOWN
Foreign Currencies: 5 US Dollar: 0
Euro: UP
Yen: UP
Canadian Dollar: UP
Australian Dollar: UP
Great British Pound: UP
Commodity Inflation: 10
Commodity Index: UP
Crude Oil: UP
Gold: UP
Silver: UP
Corn: UP
Coffee: UP
Soybeans: UP
Cocoa: UP
Cotton: UP
Sugar: UP