Gold Price Monitor Message Board

STOCKTALK

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 Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bobby Yellin who wrote (14884)	7/25/1998 12:45:00 PM
From: PaulM	Read Replies (1) of 116762

"been reading all over the place that long bond will continue down" IMO that will prove to be a suckers bet. The U.S. economy is headed for a cyclical downturn and a 10% market "correction" at a time when it can't afford either (meaning they will result in something more). Whether or not this downturn will be accompanied by higher prices, I don't know. But I do know that the view that a downturn/low inflation environment is good for bonds is simplistic. The reason rates haven't fallen farther in the 90's has as much to do with RISK (the country's balance sheet) as inflationary expectations. A year from now, I'm fairly sure the "budget surplus" will not be a major news story.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next