Silver One Year After The Peak: On The Brink Of The Next Big Move

By Pater Tenebrarum:It is amazing how big an effect a rambling, sleep-inducing speech by a chief central planner can have on financial markets in the short term. Ben Bernanke's Jackson Hole speech was of course widely expected to have such an effect, the main question was whether markets would be 'disappointed' or 'happy' with it.

By Dr. Duru: "…the private sector's revised outlook for the policy rate also appears to reflect a growing appreciation of how forceful the FOMC intends to be in supporting a sustainable recovery." (Ben Bernanke at Jackson Hole, Wyoming in speech titled "Monetary Policy since the Onset of the Crisis")

By John M. Mason: Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System in a speech given at Jackson Hole, Wyoming on Friday defended the record of his tenure in the position he now holds, indicated his belief that the economy is not growing as rapidly as he would like to see it grow, and hinted that further monetary easing might be forthcoming…as early as September.

By CommodityHQ: Tomorrow will feature the long-awaited Jackson Hole speech from Federal Chairman Ben Bernanke. Investors will be reading into Bernanke's every word as they look for some kind of hope that the Fed will step in to provide more help for our economy, specifically in the form of QE 3.

By Evan Schnidman:Despite a hurricane disrupting oil and gas production in the Gulf, the Republican National Convention and new housing data, the big financial news this week is going to come from a small town in the mountains of Wyoming. So, what should investors expect from Jackson Hole?

By Econophile: "[M]ost of the economic policies that support robust economic growth in the long run are outside the province of the central bank." — Fed Chairman Ben Bernanke.

Those hoping that Fed Chairman Ben Bernanke would be pre-announcing policy as he did when he telegraphed QE2 at Jackson Hole last year have been disappointed. In my primer on the Jackson Hole speech I predicted that Bernanke would not make any commitment to a particular course of policy action. In this respect my expectations were clearly met.

Tension is mounting towards Ben Bernanke's annual speech at Jackson Hole. A hint about QE3? A new set of tools? Or just nothing at all, just a hole? Here are 7 scenarios, and their expected impact on the greenback.