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Bernanke Will Not Attend August Jackson Hole Summit, Scheduling Conflict?

What is up Mr. Fiat Chairman, are you?
Ben Bernanke To Miss Jackson Hole Symposium Due To "Scheduling Conflict"
4-21-13

The Fed's Jackson Hole, Wyoming symposium is one of the most sacred of annual Fed meetings: it is here that the Fed has historically hinted at any and all upcoming episodes of major monetary experimentation. As such, presence by the high priests of global monetarism is not only compulsory, it is a circular stamp of approval of the Fed's ongoing status quo-preservation capabilities. Which is why the fact that the man at the top himself, Ben Bernanke, whose term is due to expire just five months after this year's Jackson Hole gathering, will be absent "due to a scheduling conflict", is set to spark a fire of questions, first and foremost of which: is this the sign Bernanke is handing over the suitcase with the printer launch codes to some yet unspecified, second in command? Or, even worse for those addicted to monetary heroin, will Bernanke simply try to put as much distance as possible between himself and the place where (and when) the Fed announces the grand "open-ended" QE experiment is set to begin tapering?
http://www.zerohedge.com/news/2013-04-21/ben-bernanke-miss-j...
http://www.reuters.com/article/2013/04/21/us-usa-fed-bernank...



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financial collapse may very

financial collapse may very well be full blown by Aug. Watch Slovenia this week...they will likely be the next to get Cyprused.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

SteveMT's picture

Yup. Dominoes are falling now.

The recent gold take down was an act of desperation and has only caused even more buying....blowback!