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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (19925)12/30/2004 1:38:07 PM
From: Crimson Ghost  Respond to of 116555
 
Yen bouncing back strongly in the wake of yesterday's BOJ induced drop.



To: russwinter who wrote (19925)12/30/2004 2:56:15 PM
From: orkrious  Read Replies (4) | Respond to of 116555
 
I believe I described this bond manipulation scam perfectly in this post yesterday...and speculators like me who anticipate the next USD daily swoon caused by more Dollar printing

this is why there is unlikely to be much of a sustained US dollar bounce. it's hard to believe gold and the miners aren't soaring.

do you have any idea what will be the triggering event which wakes everyone up to what's happening?



To: russwinter who wrote (19925)12/31/2004 12:15:33 PM
From: gregor_us  Read Replies (1) | Respond to of 116555
 
One of the Bridges Between a Firm Deflationist Outlook

and what may happen to Treasuries, is my view that in a housing-led/stock-market-led economic downturn there will simply be not enough capital, in the aggregate, to support current asset prices--including Treasuries. I don't understand why, therefore, some special exemption is made for Treasuries from the same viewpoint that holds asset values will be deflating all over the place. Accordingly, I see falling Treasury prices in a deflationary bust in the USA, because Treasury supply is gargantuan and already there is not enough capital, domestically, to support the Treasury Market. If there was, we wouldn't be sucking up 80% of the worlds capital already.

Regards,

LP