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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: patron_anejo_por_favor who wrote (43190)9/30/2011 3:22:47 PM
From: TH3 Recommendations  Read Replies (3) of 119360
 
p,

Exactly.

And, it also means that using long Treasury rates as an indicator of something is no longer meaningful. They may move in the direction that actually reflects economic fundamentals, but you can't claim the yield is truly reflecting that. The long end is now only a measure of how much money Bernanke will, "recycle" into them and nothing more.

It's nice for Bennie and Timmy, as it also helps perpetuate the illusion that the clownbuck and Treasuries are, "as good as gold".

Meanwhile, gold holds fast while the clownbuck rallies. And that does mean something.

GT
TH
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