Booms, Busts, and Recoveries 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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: elmatador who wrote (11713)	12/8/2001 6:07:35 PM
From: TobagoJack	Read Replies (1) of 74559

Hi Elmat, a part of the monetary easing benefit is ending up in HK, as mortgage rate will probably hit 3.25% before Santa returns home. Another part of the monetary easing is ending up in China. Borrowing rate in China is finally to be lowered (deposit rates are lowered each time Greenie waved his wand), seeing that banks had their first feeding, and now consumer credit will be officially encouraged for the first time in 4,000 years. More factories will be established, aiming no doubt to make interest around the world head lower still as all fights off manufacturing deflation. Freedom of gold trading in China, having had a satisfactory virtual trading (soft opening) period over the past month in Shanghai, will officially open in early 2002 (should be 1st of Jan, or at least within 1st Qtr). USD will get competition. Chugs, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next