News Summary: Bernanke says there’s room for Fed to act further to bolster recovery
By Associated Press, Published: August 24
FED CAN DO MORE: Federal Reserve Chairman Ben Bernanke makes clear in a letter to a House lawmaker that he thinks the Fed can do more to bolster the economic recovery and help reduce unemployment. Bernanke also defends steps the Fed has already taken.
BIG BOND BUYS: Bernanke notes in the letter that with interest rates already at record lows, the Fed has had to deploy other means to strengthen the economy, such as buying bonds.
More: http://www.washingtonpost.com/business/news-summary-bernanke-says-theres-room-for-fed-to-act-further-to-bolster-recovery/2012/08/24/55d76a76-ee2f-11e1-b624-99dee49d8d67_story.html

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months