Thursday, February 28, 2008

Bernanke's Blunder?

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.)

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