SI
SI
discoversearch

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 : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lee who wrote (98790)9/27/2002 1:51:29 PM
From: Jim Willie CB   of 99280
 
and when Europeans violate federal spending "rules",
European bondholders will join Asians as gold investors
most major currencies are being debased now, soon all
e.g. yen, dollar, and soon euro
soon all three continents will simultaneously be pursuing inflationary policy in an urgent desperate attempt to reflate the world economy
I expect an overshoot, producing some badass inflation by 2004-05
of course "badass" is relative, with 5-7% regarded as high
the restraining force will be China and Asia, exporting deflation from the mfg sector

nothing like 12 straight months of zero (or negative) real rates on a 3-MO TBill to light a fire under GOLD

several precedents in the last 75 years
the trigger is multiple months of zero real rates
the Acceleration comes when equities or debts are monetized
already begun in Japan (BigBank Nikkei stocks)
soon to begin with US Federal Reserve (TrezDebt, S&P)

buying GOLD now is like buying DELL in 1994

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News