Merkle replacing Bernanke
As we go into another FED meeting day we see that QE3 hope continues to influence the markets. The fact is Germany and Merkle lead the biggest influence on the markets, not Ben. Ben is out of bullets, how far below “0” can he go and Twist has run its course. So we sit here with the stock and precious metals markets basically under pressure but refusing to break down technically. To me 2012 will mark the end of the 25 year period when Greenspan and then Bernanke influenced market action through manipulation and easy money.