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: russwinter who wrote (24201)1/7/2005 9:50:18 PM
From: ild  Read Replies (1) | Respond to of 110194
 
I remember some people had doubts about viability of GLD. Now 123 tonnes "strong".

EDIT: Question. Why do you trade GLD instead of futures? Futures have preferred tax treatment.



To: russwinter who wrote (24201)1/8/2005 9:57:35 AM
From: gregor_us  Read Replies (1) | Respond to of 110194
 
JWCB Used to Write Repeatedly That Eventually, Washington

would hunker down and protect the Treasury Market at all costs. That this would be the position, they are finally forced to withdraw to.

This implies the heroin addict of the stock market is eventually abandoned and betrayed.

This is a game of chicken to play with a heroin addict, leaving the stock market shaky going into next week, all to effect a USD "rally" from 80.75 to about 83.50. Do they dare blink?

The Fed needs to be careful about engineering anything beyond a USD pause. (Unless I completely misunderstand their intentions--and the Reflationary Policy is now 100% over, dead, kaput.)

LP



To: russwinter who wrote (24201)1/8/2005 3:40:52 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
..... and your conclusion is?