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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (128130)	1/31/2010 12:10:25 PM
From: ChanceIs	3 Recommendations Read Replies (2) \| Respond to of 206116

>>> ... US T-Bill rates went negative on Friday!!!!!! Where can I follow this value? ... <<< Hardly a day goes by when I am not impressed by my ignorance of the markets - that after having been very active for 12 years. I am continuously impressed by the overwhelming significance of the currency & credit markets - swap spreads, credit spreads, etc. Having said all of that, I let ZeroHedge do most of my data mining and interpretation on the credit markets. I should be looking at the raw data myself. You might need a Bloomberg terminal, I don't know. There are certainly parts of Barrons/WSJ I haven't ever explored. Check out ZeroHedge here: zerohedge.com I couldn't find the ZH article where rates dropped negative. I am sure I read it there. It wasn't a headline. I just did some poking around on WSJ and found an interactive charting tool. It showed that the rate on the one month bill got down to .005% on Friday. That would be two zeros after the decimal percentage point. IOW 5 thousands of 1%. Maybe not negative but awfully close. Call me a conspiracy theorist, but I see an awful lot of bad news which isn't getting covered in the press. Ultra low yields made a splash in the fall of '08, and certainly foretold disaster. They don't seem to be news today. Makes me seriously wonder if the government isn't administering rose colored glasses to the press at gunpoint. Want another one? The unemployment numbers "seem" to be getting a little better. But the big statistics that can't be fudged and don't lie are sales tax and withholding tax revenues. Only getting worse. You don't see those in the headlines.