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

To: mishedlo who wrote (8823)	2/27/2004 12:04:00 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

You sense is better than mine on how this easy money crowd BS operates, but this will be nuts at this time: race to bottom. Gold seems to be trading in tandem with the Euro, but if this happens gold will be the only decent money left in the world, unless someone can find a defending CB, Mexican Peso, don't know enough about these countries raising rates, British pound?

To: mishedlo who wrote (8823)	2/27/2004 8:30:41 PM
From: loantech	Read Replies (1) \| Respond to of 110194

would that rate cut be good for the dollar but also good for gold at the same time?

To: mishedlo who wrote (8823)	2/29/2004 2:02:15 PM
From: Haim R. Branisteanu	Respond to of 110194

my two cents is that the politicians came out publicly with this French Prime Minister Jean-Pierre Raffarin and German Chancellor Gerhard Schroeder this week added to pressure on the ECB by calling for a cut in the benchmark rate from a half- century low of 2 percent to stem the euro's 14 percent advance against the dollar in the past six months. … because the ECB does not think to lower rates as there is substantial commodity inflation, even in EZ. The economy there is weak and therefore no demand but it seems to me that we are approaching very fast a period of stagflation and ECB got a sniff of it. In general terms the policy makers in the US remember the ravages of deflation 70 years ago and to the contrary in EZ they remember the ravages of hyperinflation 75 years ago