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 : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: UncleBigs who wrote (46850)12/8/2005 11:38:48 PM
From: mishedlo  Read Replies (4) of 110194
 
why do they need to quell gold?
It is meaningless as far as the CPI or PPI is concerned.

Besides, how does a broad brush move quell gold?
How the H do you know gold would fall if they hiked 100 basis points?

You dont.
No one does.
Please accept as proof gold rising WITH a rising US dollar.
Who thought that?

Please remember gold does well in DEFLATION.
Perhaps the rise in gold is signaling deflation.
Now if that is the case, what do you think a 100 basis point hike would do?

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