Silver Passes $28

Some time ago, we wrote that the best outcome for the US population would be to eliminate the Fed...but the best outcome for holders of gold and silver would be to preserve the current ruinous Fed policies in perpetuity. Tonight, all silver longs wish to extend Ben Bernanke their sincerest thanks, as the silver metal passes yet another historical milestone. In the meantime, Asian traders are squeezing the last few remaining margin pennies out of Blythe Masters, whose remaining monthly tenure at JPM can be counted on one hand.

And a long-term chart. See if you can spot when Bernanke's Wood Hole (sic) speech was.