Hi Gresh; In the last two days I heard him say two things, We are
going to have HR 10, shoved up our rear, and The Banks will have
less regulation, and increased rights to steal. The last one
was in code.
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Well in spite of his liquid the Bond rate went up, it went up
because the money swappers sold bonds, they sold bonds because
they got back dollars that were worth considerable more than
they were when they bought the bonds. It's all tied to the
currency markets.
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Some time ago when the dollar was doing its drop I warned that
in order for it to go back up stocks would have to suffer.
As $ goes up, the short term yield on the long bond out runs
it's long term yield, it sells off to get the higher short term
yield, and it does so until the longer term gets back above
the short term, if the dollar dives again they buy bonds with
the cheaper dollar, and on and on it goes.
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The big currency swappers rule the game.
I try to listen to the hearings but it gets me so disgusted
I often just turn it off. Same old, same old, bullsh*t the
people first one way then the next.
Jim
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