Marc Faber : let me give some statistics , when Mister Bernanke became FED chairman , oil was at 58 dollars a barrel it is now over a hundred , the S&P was at 1264 it is now at about the same level , Gold was at 480 dollars it is now over 1700 , and the civilian employed who were in 2006 120 million are now 130 million , the unemployment rate was at 4 percent it is now 8.6 percent , the average duration of unemployment was at the time 16 weeks it is now 40 weeks , What a Great Job The FED Chairman has done !!!!!!
- in The Financial Sense Newshour - 07 Dec 2011
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