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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Elroy Jetson who wrote (187510)	12/30/2014 5:08:56 PM
From: Biomaven	Read Replies (3) of 206093

>>The cost of money is extremely low for the same reason that the price of other commodities are extremely low - demand is less than supply. Be nice then if you could explain to me why the demand for money is low... There is no mystery why short rates are low - they are set by the Fed. So the real question to my mind is why long rates are also low. QE has something to do with that, but it is clearly not all that is going on.

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