Pento Vs The Bernank

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Goods001

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Pento Vs The Bernank

posted on Jul 16, 2012 12:08PM

Interesting we get a refutation from the FED's mouth piece GS, about cutting % rates on bank excess reserves.

http://www.zerohedge.com/news/here-why-fed-will-not-cut-ioer-bernankes-own-words

Here is Pento's original article on the subject

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/7/8_This_Major_Fed_Move_Is_About_To_Cause_Gold_To_Skyrocket.html

Wonder if Pento will follow up on this...

FYI The Bernank also said he would NOT monetize government debt.

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