Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (63669)	1/31/2001 3:20:53 PM
From: Lucretius	Read Replies (2) \| Respond to of 436258

look at MER.. a move thru 70 signals MELTDOWN... better wear black tomorrow.... there's gonna be a DEATH...

To: pater tenebrarum who wrote (63669)	1/31/2001 3:22:21 PM
From: Mark Adams	Read Replies (1) \| Respond to of 436258

Good point, there may be buyers of last resort. But as you point out, in Japan's situation, the cost of holding cash, or precious metals is nil compared to the reward of holding bonds. Of course, most of them probably participate in the Yen carry trade. Did the Yen and Gold carry exist 20 years ago, or are they recent creations that helped fuel the expansion?

To: pater tenebrarum who wrote (63669)	1/31/2001 3:23:16 PM
From: Shack	Read Replies (1) \| Respond to of 436258

Question for the thread. I've noticed that the spot price of gold seems to be trading between the New York close and the Sydney open. It never used to. Where is it trading? You can see the trading here: kitco.com

To: pater tenebrarum who wrote (63669)	1/31/2001 3:25:32 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 436258

15:06 ET Fed Outlook : Lots of comments being heard regarding the "rapid and forceful response" phrase in the Fed announcement; CNBC referring to it as "guidance." Only problem is that this phrase is describing past action, not future action. Announcement says that circumstances "have called" for such a response. That's past tense folks. Briefing.com does believe that further cuts are coming, perhaps even intermeeting, but the rapid and forceful response refers to January's 100 bp and is not guidance for the future.