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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (10669)12/19/2002 5:41:29 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
investors turn to gold because the usual route (bonds) has failed to resuscitate any economic recovery
something serious is wrong with the economy
and economists dont have an effing clue

because they dont examine debts effectively
and they dont understand sound currency one iota

as long as bonds fail, at this point, gold will continue
the sentinel signal for a new gold longterm bull run has been over the past century --- negative or zero real rates on shorterm treasury bonds
we have had that for about a full year
and since early November, negative real rates

WHY CANT THE PRESS DISCUSS OR CITE THIS UNUSUAL PHENOMENON?
IT IS AS PLAIN AS DAY !!!
/ jim
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