Trouble is, traders are acting as though QE2 is a foregone conclusion, and they are buying on the assumption that the ship has already sailed.

FORBES: Captain Bernanke At The Helm Of The QE2 Hopes To Avoid A Titanic Outcome

Mr. Babits, who had been aboard the HMS Bounty replica several times and has sailed on other tall-mast ships, said he didn't understand why the ship entered the path of a large storm that everyone knew was coming.

WSJ: Heavy Seas Claim Replica of HMS Bounty