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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
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To: RJA_ who wrote (50214)5/19/2009 5:44:15 PM
From: The Reaper  Read Replies (1) of 217900
 
They don't really need to stoke the inflation fire. I just heard, and I haven't verified yet, that new Series EE Bonds are going to pay .7% a year for 30 years. Govt. is using -5.5% as the benchmark rate to come up with this yield. That would get people spending money. Who's going to put money into junior's college fund at .7%? Oh and another item.. I-bonds are paying 0% interest at least through Oct. 31, 2009.
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