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Speculation as well as lack of supply but to go up this much this fast shows that there is a jacking up of prices. Wouldn't be surprised if Goldman was contributing to this escalation in oil price.

The people in charge NOW have a chance to change things and better things. Inflation is running at around 4% and Fed funds rate is just 2% meaning the real interest rate is two percentage points below zero. If anything, although not a popular decision, rates should be raised. At the...

The best thing for the economy would have been to wait and maybe cut rates at the next meeting. However, this being an election year......... Only the future will tell and it doesn't look too good at this time. Trust has been lost and once it's lost, it's very hard to gain back. We can thank Ben...

Agree with you 100% on that.

Makes you wonder if he knows what he`s talking about with all those "uh`s". But then again...this is Bernanke we are talking about.

Might move the markets a bit. When it was announced before the market opened last week.....it did. Might be something to keep in mind today. Hours for the auction are 10am-1pm. Max bid amount is $2 billion with a min. 4.17%. Good trading everyone.