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.
Non-Tech : The Woodshed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: nspolar who wrote (1966)3/6/2004 3:34:02 AM
From: crustyoldprospector  Read Replies (2) of 60910
 
Looks like the dollar rally is DOA. Treasuries dropping like a rock in tandem with a dollar declline is a recipe for a gold explosion, as Friday proved. It looks like a temporary situation is developing, where after taxes and inflation are figured in, bonds are a losing proposition. Gold is obviously going to do well in such an environment.

The news Friday was significant. The economy is stalling (e.g., jobs report) and probably, inflation in commodities is much worse than heretofore advertised (notice that release of PPI for January is a month late, Febuary release now delayed another week ... sounds damned fishy). Can it be any more clear that the FED is losing? How long before Wall Street gets this one figured out?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext