And the Crowd (and Gold) Goes Wild!

Gold soared to $4000 an oz. after Ben Bernanke announced continued easy money policies from the Fed.

"I could give a rat's ass what happens to the dollar," Bernanke said, and then laughed as he left the building.

(He didn't really say that, as far as I know. I'm just making that up. And gold isn't at $4000 an ounce. Not yet, anyway.)

So interest rates remain the same and the Fed continues QE-something or other. The punch bowl remains on the table for now.

Stocks are rallying. Gold is rallying. Silver is going hyperbolic.

Netflix is up. And maybe DVDs by mail and streaming content will replace the US dollar down the road. "I will trade you a sack of rice for season 2 of Californication."

The bull market is alive and well.

Don't fight the Fed!
***

Silliness aside, things look good, right? The Wall of Worry seems to be the silly side of things.

I remain long in low beta stuff and some oil. No changes for awhile.

The double-top idea looks like it's toast. Onward and upward.