SI
SI
discoversearch

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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (5938)1/23/2004 11:29:09 AM
From: yard_man  Read Replies (1) | Respond to of 110194
 
that's the pt, retired. That's the pt.



To: re3 who wrote (5938)1/23/2004 11:31:23 AM
From: yard_man  Read Replies (2) | Respond to of 110194
 
buying a little bit of metallica here ...



To: re3 who wrote (5938)1/23/2004 2:07:41 PM
From: Real Man  Respond to of 110194
 
Yeah. Rates dropped here, but certainly not in Russia -g-

The $$$ were running away from Russia, selling Russian bonds, and
going - you guessed it - into US dollars, and US treasuries.
Whenever there was a problem elsewhere, US dollars and treasuries
were like gold, only better.

Now that there is a problem originating in the US, with US currency, things are quite a bit different. Foreign folks will be rushing to exchange dollars
into their own currencies, and sell US bonds. They are already doing so.

Whenever a country had problems, rates over there rose. I'm not saying
they will, here, although I believe so. But I think things are quite a bit
different, now that the crisis is at home, not abroad.