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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Tapcon who wrote (40711)3/25/2005 12:45:12 AM
From: Taikun  Read Replies (1) of 206323
 
Paul,

OK, I don't think we're talking past each other-sorry.

<From the latest Fed rhetoric, it sounds like they are planning to reign in the easy credit and are not choosing the monetizing path.>

I am not sure. If the Caribbean hedgies were front-running for the Fed for bond purchases in recent auctions, monetizing may have already begun, although I do agree that higher long bond yield may mitigate the need somewhat.

D
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