Why would it? Uncle Ben gave the market what it wanted and said "don't worry, we got your back!" Eseentially telling them to expect more. I bought me a boat load of gold. Double Digit inflation, here we come!
Bernanke has just confirmed to the world that US is in a terrible state 1990's, 1970's maybe 1930's is coming. He has basically shot his load now, time to add to the shorts and refuse any payments in the toilet paper currency. US has screwed anybody who has to deal in USD.
I don't know what to tell you. There's simply no way inflation will be contained in lieu of this monetary policy. No way. It was barely contained before. We're going to see $100 oil very soon, $1000 gold yesterday. Wheat, beans, corn...all of it. I hope I'm wrong. Honestly. I'd love to lose on my gold and have there be no inflation and everything else right as rain. But honestly, do you believe this is the best way to run things? Hah!
Excellent Commentary All ................................................................................. The battle of the fiat fiascos unfolds....