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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (61)6/24/2005 1:33:05 PM
From: Crimson Ghost  Read Replies (1) of 50398
 
Slider:

One point re: ultra low interest rates.

It is now quite apparent that the bond market is being manipulated and controlled more than gold ever was despite its huge size.

With inflation grossly understated by the powers that be sub-4% rates on 10-year bonds mean a loss in purchasing power every single year. Those controlling the bond market obviously care not a whit about infation.
Their sole concern is to support the credit and asset bubbles as long as possible regardless of the consequences.

But the gold market is STARTING to smell them out IMHO.
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