Bernake´s gift is very similar to the gift given during the past US S&L crisis via Bill Seidman... The gift is the difference between the very short term rates and the intermediate rates.... The gift is hopefully going to be the spread between the two...in order to allow for a period of certain recovery for the US banks... Rates will decline ...until this is realized... .............................................................................................. Watch for a future EURO break up as well... A new type of gift..... And guess what....the dollar will remain the currency of choice, regardless of stability issues....because the circumstance is a lot like electing a president... There are not many choices... Although the Mid East money will be jerking gold around...while creating gold tops as well ....during the gyrations... Gold becomes more like a currency...because of extraordinarily low interest rates...