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.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Tom Byron who wrote (9345)5/14/2000 6:13:00 AM
From: sea_urchin  Read Replies (2) | Respond to of 81752
 
Guree : Every time I read that name "Privateer" I have to laugh --- especially when he says "If the U.S. can manage to keep all the financial balls currently in the air until the Presidential elections are over, it will be an awesome feat"

I can just imagine your esteemed President lying on his back with his balls in the air!

Indeed, if anyone should know about the President's privates, a "privateer" should!



To: Tom Byron who wrote (9345)5/14/2000 9:35:00 AM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 81752
 
Tom,

a breakout on the ad gold chart above the peaks would indicate at least $100ad higher. The basket gold-DX chart is even more bullish.

paul



To: Tom Byron who wrote (9345)5/14/2000 1:21:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 81752
 
Tom,

Interesting article by "The-Privateer".

However, I think he has the tail wagging the dog when it comes to the Fed hiking interest rates to support the dollar.

What is apparent is that the economy is growing faster than the Fed would like. The fact that the US economy totals roughly 33% of the global economy, combined with the fact that it is growing at between 6-8% while the rest of the world continues to languish or teeter on stability, quite rightly has the Fed concerned. The US economy is attracting more and more of the combined global financial resources to our shores as a result of our productivity and more efficient use of resources, as well as our technology.

So the Fed is punishing US productivity and efficiency in the interest of preventing the US from completely dominating the global economy to an even larger extent. It is rewarding less efficient markets in Europe and Asia, as well as poor political and economic policy.

Bonds rates are not declining due to perceived weakness in the economy, but as a result of direct action by the Fed to depreciate the value of bonds that were issued at lower yields. When the Fed is done raising rates, bonds and equities will revive (unless the Fed creates the conditions wherein they directing induce a recession).

Just my opinion... Thanks for the links and the great charts you post.

Regards,

Ron

Call me Americentric but that what I perceive as the facts.