To: stockman_scott who wrote (49243 ) 4/1/2002 11:56:58 AM From: Jim Willie CB Respond to of 65232 Fed Chief GreenShorts and Fed Governors are caught in a box they cannot raise rates, or else torpedo - the recovery - the stock market - the bond market - the housing market they will talk about keeping rates the same, until they raise ratesI hope they dont raise rates until after LaborDay they are daily planting inflation seeds to prop up stocks the longer they wait to raise rates, the bigger the gold/silver explosive rally will be when you ask? within 9-18 months, before June2003 meanwhile, shortend rates are on par with CPI inflation rate so zero real rate of return for shorterm bond holders the Federal Reserve is very quietly spiking the bond market and the dollar currency market just to save the stock and housing and dollar bubble they are caught in a horrible box that is precisely why gold/silver is rising bond holders see inflation as the next chapter rising rates sooner or later will come, and bonds will get hurt so the smart bond holders are slowing finding inflation hedges namely, gold & silver on secured investment side and oil & natural gas on commercial investment side I am not pre-occupied with gold & silver, as Murrey suggests I see the Fed as squaring off against the bond market by the way, the US TBond market is 5x larger than the US Stock market and the road from bonds to gold bullion is a road traveled before with real rates near zero for now half a year, history is on the side of creditors who stuff money into precious metals if they sit on their thumbs, and rates rise, they will lose 15-30% of their principal just where are rates going next, in Parry's opinion? these guys are scared cheerleaders are we heading to Japanese short rates of 0.75% ? "no inflation out there" is a growing baldfaced lie check gas station pumps, property tax bills, movie theatres, restaurants, car repairs, college tuition, home insurance, business insurance, car insurance, doctor bills, prescription drug bills, new tariffs, etc / jim