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: bond_bubble who wrote (58486)	4/17/2006 4:31:06 PM
From: ild	Read Replies (4) \| Respond to of 110194

I may agree that there is high speculative demand in copper, gold, houses as they are easy to hoard/possess, but I can't imagine someone hoarding crude oil in quantities. As gas prices go up the drivers may decide to carry more gas in their tanks, but that's about it.

To: bond_bubble who wrote (58486)	4/17/2006 4:31:52 PM
From: CalculatedRisk	Read Replies (2) \| Respond to of 110194

I didn't address speculation in the oil market at all - and I don't think speculation has much relevance to the topic: the impact of higher energy prices on the overall economy. Housing is a very different story. Speculation has been a key driver in the housing bubble.

To: bond_bubble who wrote (58486)	4/17/2006 10:33:28 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

"It is going to be the worst kind of deflation (similar to the one UK had in 1929) - higher commodity prices (Jim Rogers has said that commodity investment was THE BEST investment in 1931 for few years in Peter Schiff interview) - high interest rates - falling dollar (not much though as I expect very high US interest rates) - higher cost of living - job losses - bank failures - It is going to be worse than 1929 depression...." Think 1973-74 fallout and stagflation that followed. It was bad and that appears to be the default choice given the similar policies of those at the controls during the Nixon years and the current level of government and household debts in this country..