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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
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To: carranza2 who wrote (72805)4/6/2011 2:00:54 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 217846
 
C2, I have been betting on higher interest rates for a long time. It's like Y2K when interest rates should have been falling but were not [I suspected Greenspan was trying to help Bush get elected, which was a good thing]. It's like 2003 when it was absurd that interest rates were not zooming. It took the Fed a year or more longer to increase them than I was thinking it should take. Then, they were slowish in cutting them again. Now, they have been slow in raising them. But go up they will as debts loom larger and fear grows more profound.

Let's get on with it. My US$ need to get from 0% interest to at least Happy Meal level. It would be nice to see 10%. That should test a few debtors.

Mqurice
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