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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (95315)	2/27/2002 9:35:31 AM
From: Jim Willie CB	Respond to of 95453

on gold carry trade end; zero real rates draw to hard assets www.zealllc.com/commentary/goldcarry.htm www.zealllc.com/commentary/realgold.htm first explains gold carry trade, now done dead gone that suppressed gold prices as central banks lent out their gold to bullion bankers for a mere 1% in order to stifle gold investments, and thus invite a paperchase stock bubble they essentially enabled the gold market to "look" as if it had twice as much gold in supply, as both bankers showed gold on their books, and central bankers also showed the same gold on their books (as loans) that is done dead gone now, so the lid suppressing gold has been removed second explains how real rates of interest are now zero, thus encouraging a counter move widely into real assets, natural resources, and away from paperchase stocks rates of return for stock equity should be small for a while rates of return for debt are miserable now that leaves the old standby remaining: hard assets and some like gold and silver have already responded Japan alone can kickstart that market very interesting stuff / jim