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


To: orkrious who wrote (16802)7/22/2004 8:30:36 PM
From: TobagoJack  Respond to of 110194
 
Hello Orkrious, <<what happened to GUEED? EE is up <g>>>

I could say I do not know;

I could point you to this bit of “hmmmmmmnnnnn” worldmarket.blogspot.com ;

I could alert you to Joel’s diapers worldmarket.blogspot.com ;

… and / or I can show you that in context that I am holding my ground, not moving, in face of impending fatal storm achamchen.com , and that I believe:

(a) Should the market interest rate move up and do enough to hurt gold in a sustainable way, it will be because the market moved interest rate up, and it will not be because Maestro Greensputin the Central Planner moved it (OTOH, I was a non-believer in the June discount rate raising, until it was done);

(b) Should the market move interest rate sharply up, enough to hurt gold in a sustainable way, then the economy is trashed, and the FED will once again drop their trousers, making it obvious to the most dense that the age of paper money is numbered and coming to a close at a theatre near all;

(c) Should the market not move interest rate up, then I am guessing we would be range-bound on all asset classes, until something snaps, breaks, crumbles, or pulverizes; and

(d) In any case, I do not feel comfortable trading my heavy weighting physical/certificate PM, as they are simply yet another currency; OTOH, my shares in PM were always manageable.

Chugs, Jay