Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Bucky Katt who wrote (69235)	9/20/2007 11:06:58 AM
From: mishedlo	Read Replies (4) of 116555

Bernanke's Bullet Misses The Mark globaleconomicanalysis.blogspot.com Not much has changed since Bernanke cut rates. Mortgage rates actually rose, Auto and Home Equity rates did not budge. Massive numbers of foreclosures are still going to occur and the jobs picture is still bleak. Bernanke has pulled out his pistol and is firing bullets praying that one will hit a target. If Bernanke's liquidity goes anywhere gold will likely benefit. Mish

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