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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (18757)5/3/2003 2:21:15 AM
From: Jim Willie CB  Respond to of 89467
 
big dollar decline would also hit USTBonds somewhat
perversely, the Money Supply is getting burned lately
this is my only access to the site

321gold.com

the enormous federal funding requirements recently announced will have some effect on TBonds, which will lead to higher rates or more quick monetization

foreign selling of US securities will pick up
if the feds are monetizing bonds right now,
we must see evidence in next data release of MZM

hold onto your nuts if CPI figures come out over 4.0%
no way Jose will bonds hold up if price inflation is evident
that is exactly what I expect soon
like in midsummer, or at latest by autumn
I expect the USA to stand alone among industrial nations with the first whiff of price inflation, which will be a curse to our economy and financial markets, owing directly to the weaker dollar
both imported components/products and commodities will be the culprits

dangerous times upcoming for USTBonds
stocks were dangerous in 2000-2002
now it is bonds' turn
/ jim