Ben Bernanke 6/09/10: "The federal budget appears to be on an unsustainable path"

He also said: “Unless we as a nation make a strong commitment to fiscal responsibility, in the longer run, we will have neither financial stability nor healthy economic growth.”

No kidding. As I watched the testimony, he also could not explain why the price of gold was going up in value. I can! Mr. Bernanke, please read back to yourself what you just stated! A gold coin is going up in value because you are showering us with helicopter money – plain and simple!

A gold inflation hedge is what we are doing as Americans. That is why the gold coin price is going higher! $2000 gold? It may happen!