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 : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (27734)	9/11/2007 12:55:46 PM
From: The Barracuda™	Read Replies (1) \| Respond to of 207832

Whats really bullish is that no one cares that gold is flying. not even the goldbugs

To: da_cheif™ who wrote (27734)	9/11/2007 12:59:51 PM
From: 3of3	Read Replies (1) \| Respond to of 207832

Cheif read this. Sept. 11 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the ``global saving glut'' is still helping to keep interest rates low, and they may not rise much in the event that the pool of excess capital dwindles in coming decades. While theory suggests that yields, adjusted for inflation, would rise as saving diminishes, ``factors other than the saving- investment balance affect long-term interest rates,'' Bernanke said in a speech in Berlin today. ``We are again reminded of the need to maintain appropriate humility in forecasting returns and asset prices.'' Bernanke reiterated that U.S. current-account deficits can't last ``indefinitely'' at the current magnitude, and urged an increase in domestic saving to help pare the gap. The process of narrowing the gap ``will have both real and financial consequences,'' though there's little sign now that the shortfalls hurt the American economy, he said. This saving glut, printing presses, will go into stocks and gold. Like you said: 3 of 3 eventually.