Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Soileau who wrote (69227)	5/15/2001 8:46:29 PM
From: Michael Collings	Read Replies (3) of 116845

Long Bond is now back to it's October/November yield around 5.9%. We have had a 2.5% cut in interest rates since January and yet the long bond (30 year treasury) is ignoring it all. That alone is telling us we have a problem brewing. Bonds always lead. Mortgage rates are not dropping. Bonds are not rallying. The fools on cnbc who keep saying that recoveries always follow six to twelve months after interest rates drop forget to understand that first, interest rates must drop. Can't stimulate anything when the cost of borrowing is not going down. Lowering the Fed funds rate just isn't doing it. Can you say INFLATON?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next