Don't get too cocky yet.

Bernanke will soon arrange (with others) to establish the GLF (Global Liquidity Fund) that will be awash in deposits of newly minted/printed zeros and ones from the US and Europe ...and others yet to be disclosed. Billions upon billions will then be made availble to make the grossly levered banks in trouble 'right again'...with maybe a little nod to keep the criminals responsible for MF Global out of hock.

I think we are fairly close ('brilliant'). Once all is well again and the banks can breathe easy for at least a few months before bond interest rates creep up...the markets will soar and the roaring twenties will be revisited in a flash version of time travel 2011 style.

Gold and silver will go to the next level as a requisite 'loosening' is needed to feed the coke heads a while longer in order for them to keep the cop's pension funds and the party goers bonuses topped up...for a little while longer.

Background music will be war drums.