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 : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (777)	7/29/2003 9:50:19 PM
From: Wade	Respond to of 48092

Bond yield keep on rising is a signal of low buying interest in bonds. Government had to raise the yield to attract buyers. This is probably because people afraid of coming inflation which will erode their bond values. Is this is the signal that our economy is on its way of recovery? But, the consumer confidence is telling us the opposite direction. Therefore, I think Fed still have to easy further. We may soon to see zero interest rate on the money you deposit in the banks. Or, you'll have to pay the bank for taking care of you cash....that will be the days for our gold stocks. Wade

To: Wade who wrote (777)	7/30/2003 6:54:55 PM
From: Yogizuna	Respond to of 48092

>>> It has to be clear that US consumption has been held up by the ease of refinancing consumer's homes. I really do not like even saying that as it is the ultimate degradation of financial ethics. To borrow on your home to consume is total & certifiable madness. However even the Fed Chairman likes consumer heaping debt on their homes to buy cars and appliances as he publicly compliments it in his speeches. This place has become the economic city of Sodom. <<< Well said by Jim. It is madness, and will almost certainly come back to haunt us for years further on down the road...