QE2: My Predictions

Back in November, I made some
predictions about the then upcoming
second round of Quantitative Easing, aka QE2.

In short, I predicted that QE2 would disappoint
the market. As a consequence, I thought that most asset classes would
trend lower as the dollar strengthened.

I hoped that such an action would occur, because I
believed, and still believe, that the commodity market still has plenty
of upside, but that such a disappointment would create a stellar buying
opportunity to load up on my favorite commodities.

I was wrong, of course. Bernanke