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

To: russwinter who wrote (63727)	6/14/2006 6:54:31 PM
From: UncleBigs	Read Replies (1) \| Respond to of 110194

russ, somebody got fleeced on the gold and silver selloffs. Who was it?

To: russwinter who wrote (63727)	6/14/2006 10:19:50 PM
From: mishedlo	Respond to of 110194

On a weekly basis the uptrend is still intact at 490 Mish

To: russwinter who wrote (63727)	6/15/2006 12:20:24 AM
From: gregor_us	Respond to of 110194

Gold is the Place for the Bond Vigilantes to Express themselves now, having been x-ray-gunned and zapped from their tradtional hunting ground by the FCB's. This hissy fit from the FED is a declaration of war not on Inflation, but on those who would crowd out the government's ability to continue issuing bonds 24/7/365. Capital was being drawn away from their game. It matters not to me how manic or speculative is the challenge to the government from Gold (and myriad, other non USD vehicles, whether forex or commods). The challenge has been made, and now the FED is indicating the battle has been enjoined. Bernanke, it is now clear, is a protector of massive deficit spending by the current Administration. The goal is to protect their ability to raise the debt ceiling again. Next stop, 10 trillion. Best, LP

To: russwinter who wrote (63727)	6/15/2006 12:58:28 AM
From: shades	Respond to of 110194

That's why I think the Fed is locked into the necessity of a killer hike to 5.25%, to ensure that doesn't happen, and to try and discipline all Risklove trading in general. Mogambo has some new thoughts: 321gold.com "Vigorous" action ought to produce a lot of fireworks, including a rise in the dollar price of a barrel of oil. And if you have not been out shopping for oil-related stock lately, then I strongly suggest that you chug down the rest of that morning "eye-opener" can of beer and buy some. Pronto. And this suggestion that you load up on oil is because the dollar is going to go down in purchasing power, which is the whole point of the G-8 promising "vigorous" action. ...It makes me wonder about the so-called "wealth effect", which is the phenomenon that you spend more money (giving GDP a boost) when you feel rich. Dr. Kurt Richebächer notes that "It has been calculated that the 'wealth effects' on consumption have raised real GDP growth by 1.5 percentage points a year for the past five years. With nothing in sight to replace this monstrous asset and credit bubble, a sharp downturn of the U.S. economy is the most obvious conclusion." Now add in that $1.85 trillion of "wealth" lost this month and then tell me your new updated GDP estimate! ...-- Richard T. Williams reports that "Of the mortgages written in the last year, approximately worth $3 trillion, upwards of 29% have no equity in their homes. For almost a third of recent mortgages to be underwater suggests that potentially well over $1 trillion worth of homes could come to market as homeowners turn in the keys to banks and walk away from their failed investments." ....George Kleinman, the Editor of Commodities Trends, writes "Due to bone-dry growing conditions in the Great Plains this spring, the hard winter wheat crop was a disaster--the second-smallest yield in 30 years. Texas and Oklahoma combined will produce their smallest wheat crop in 50 years. And wheat production on a global basis is slated to fall sharply in the coming 12 months." ...Taking the statement in hand, I see that since he stopped taking credit and debit cards he has accrued $162.51 in credit/debit sales, and for that he paid a total $42.94 in fees and charges. There were a total of six mysterious fees, which are batch closure fee, authorization fee, settlement statement fee, credit batch settlement fee, customer service fee, a mc/visa minimum fee, plus a 2.2% "service charge" on the total amount of each sale! This works out to 26.4% of gross sales