WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that a weak job market and low inflation would likely allow the central bank to keep interest rates at very low levels for “an extended period.”

For those investing/trading in gold, miners, etc, Bernanke’s announcement is good news [for stocks also] as it of course means that the debasement of the dollar is set to continue for the forseeable future. Thus, commodities generally will be inflationary.