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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (75817)7/2/2011 3:06:53 PM
From: carranza2  Read Replies (4) of 217840
 
If you are worried about gold, don't be.

MZM is at all time high and real (there is huge irony in the use of the term 'real' by the Treasury here) interest rates on 10 year horizons per the Treasury are extremely low.

We are in the summer gold doldrums and the precious metals are being hammered by the end of QE. But there will be more QE in some iteration or other.

I truly do not understand DJIA and S&P bullishness.

Even the smallest bit of good news, which is itself subject to doubt and cynicism, is seen as portentuous.

It is as if the following have already taken place or are sure things;

1. Eurozone fixed;

2. Debt ceiling fixed;

3. Medicare and Social Security fixed;

4. Manufacturing is back;

5. Oil is in the 40s;

6. Unemployment is at 5%;

7. Housing is back;

8. Out of control military spending has been curtailed;

9. Wars over;

10. David Walker has been elected US President and Volcker is SecTreasury;

11. Wall St. skullduggery stopped;

12. Derivatives not properly reserved for risk declared null and void.

The markets are in Mid Summer Night Dream mode.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News