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.
Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 398.60-4.4%Dec 29 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ecrire who wrote (27994)6/4/2012 11:44:24 AM
From: Nevada99999 Recommendations  Read Replies (2) of 29622
 
How about this. Rates don't always stay low in a weak economy. The central bank can influence rates, but treasuries are controlled by buying and selling. At some point there is a lack of buyers for the bonds of profligate nation with a structurally impaired balance sheet with no solution other than hoping for debt fueled economic growth. Without the Fed chipping in on the buy side in a major way the US is well past that point. Now we wait for the economic growth that 'always' happens. If it doesn't happen US rates will rise in a bad economy like they are in Greece, Spain, Italy, Portugal. Like they did in Argentina. Think that can't happen in the US since we are bigger and smarter than everyone else then give me some reasons other than there is no price inflation. The Fed's omnipotence is limited at some point in time.

The US has 9% unemployment, 40 million people on food stamps, god knows how many underwater on their mortgages or credit cards or car loans. There is a huge structural trade deficit and budget deficit. Our national debt has the shortest duration ever to try to keep rates lower. What's the good news? No inflation? We are about to grow out of the problem if we cut taxes again? Give me a break.
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