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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: pogohere who wrote (79654)	3/3/2007 6:15:01 PM
From: orkrious	Read Replies (2) of 110194

Bob Hoye doesn't chart it, but he has looked at it over a period of 400 years. institutionaladvisors.com The conclusion: A steepening yield curve is good for gold. It's even better for gold miners because the cost of extracting the stuff out of the ground goes down during economic contractions (making the miners more profitable).

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