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: John Vosilla who wrote (30089)	4/5/2005 12:41:17 PM
From: Horgad	Respond to of 110194

Looks like the last time they changed them was on 8/13/2004 when the REPO rate went from 8 to 7.5. They peaked way back in September 2002. POG RAND hit its upper resistance for the first time (peaked) shortly there after in January and HMY peaked around May of 2003. reservebank.co.za As I see it, the last time the SA miners took off the RAND was getting crushed and the central bank overreacted with rate hikes and swung the currency back to far in the other direction subsequently crushing the SA miners. Lets hope they overreact(ed) again in the other direction.