From Real Time Economics

“I don’t fully understand movements in the gold price,” Mr. Bernanke admitted.

Awesome.

As a gold bull, nothing warms my heart more knowing that the head of the most powerful central bank on the planet does not understand why the price of gold is going up.  Since he, his colleagues at the Fed and his predecessor are significantly responsible for the gold bull market, they are going to keep doing what they have been doing and will keep the party going.