Silver – On The Move

Thegoldspeculator.com reports that Silver – On The Move:

The events of the past few months have been dominated by the decision of the Federal Reserve to undertake a further, massive easing. Since the emphasis will not be on lowering interest rates (because they are effectively zero), it is being called a quantitative easing (an easing by virtue of the quantity of reserves which the Fed pumps into the banking system) and has acquired the name QE2 (quantitative easing 2). Immediately, gold and silver broke into new all-time highs, the dollar collapsed against most foreign currencies, and many individual commodities started to race to the moon (which Ben Bernanke describes as a threat of deflation).

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