Gold Goes Parabolic As Chairsatan Resumes Vendetta With US Dollar, Middle Class

Tyler Durden's picture

As Bernanke reminds the world that the one and only weapon in his arsenal is stealth inflation through dollar devaluation (yes, some had already forgotten it, especially all those economists, think tanks, and others who claimed there was no QE3 hint in the FOMC minutes), there is one clear winner: gold, which continues to surge to all time highs and will likely cross $1,600 within the week (if not day), from which point it is smooth sailing to $_,000.

And remember crude and plunging prices at the pump? Kiss those goodbye and thank the Chairsatan.

And the most notable chart: the biggest winner by far today is silver, followed by gold, with the stock market dead last.