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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: gregor_us who wrote (42288)4/21/2005 9:29:33 AM
From: michaelrunge  Read Replies (1) of 206175
 
>China Will Not Sell Their Dollars, imo. Japan is Unlikely to do so either. Let me explain

Maybe they will, maybe they won't, but I think the relevant question to ask is "will they continue to buy at increasing rates and will they continue to roll over the treasuries that mature". I think the answer to that one is a definitive "no".

In an automobile accident, the injuries don't occur when the car comes to a stop. It happens when the car's speed and direction begin to change -- at or just after some inflection point. I think that's right about where we could be right now.

Mike
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