And Gold Hasn't Even Broken $1,400 Yet

Gold’s screaming ascent has slowed here and there, but overall its value keeps rising. This is especially the case relative to the Fed’s favorite whipping boy, the US dollar.

As Bernanke heads back off to the printing presses, for quantitative easing round two, the robber below shows a bit of foresight… preferring a skosh of yellow metal to the broken greenback.

The Daily Reckoning