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.

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

To: NOW who wrote (23572)	12/18/2004 3:17:47 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

<this scenario would be harmful to gold?> In my mind it question of whether a flight to quality trumps the speculative position already in gold. Ideally, we get some fund money out of gold like last week, and remove that risk of herd like selling. Hoye's comments: For a real bull market in gold you have to have gold going up in the senior currency. Why would it go up in the senior currency? Because of investment demand. That investment demand in the past has been anticipated by a steepening of the yield curve, as investors get out of longer-term Treasuries and into the shorter end. The two most liquid investments in a flight to quality are gold and the bill market in the senior currency.