Bernanke Admits Deflation

Aaron Task interviewed Todd Harrison on Tech! Ticker, and said that Ben Bernanke has admitted essentially to deflation.

If deflation does indeed happen, the dollar would rally, benefiting PowerShares DB US Dollar Index Bullish (NYSE: UUP) and perhaps gold, which is seen as a deflation hedge. SPDR Gold Trust ETF (NYSE: GLD) would be a way to profit from this.

If inflation sets in, the dollar would weaken, and UUP would lose value. GLD would continue to gain in value, as it's seen as a hedge against both deflation and inflation.