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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (85167)	12/28/2011 4:17:06 PM
From: prosperous	Read Replies (1) \| Respond to of 219612

Today must be a special day, saw posts from both Heinz and Bob Johnson on SI after a looong while, must mean something special for PMs? :-), Welcome back, where do you see gold/silver bottoming out and going in 2012? How far do you see before we reach end of the road for can to be kicked?

To: pater tenebrarum who wrote (85167)	12/28/2011 4:33:32 PM
From: bart13	Read Replies (2) \| Respond to of 219612

Swaps are a lot more subject to fiddling than just plain interbank rates in my opinion, and the difference in EONIA now and EONIA in 2008 etc. is massive. And even swaps aren't anywhere vaguely near as high now as they were in 2008 - much more "noise" and worry now though. I still believe its indicative of the current EU issues having much more to do with politics and power grabs etc. than it is about banks and sovereign debt - classic 'diversion' and perception management tactics. But mostly I was severely unimpressed by Mish's foaming and dubious journalism - at best. It seems he just can't avoid ridiculous generalities, especially given LTRO etc. and its 400 billion jump. I also note that he hasn't commented on inflationary probabilities from LTRO etc., or EU M3 growing at about 4% or MFI credit at about 3% either - both of which bottomed some time ago, like my U.S. M3 reconstruction. And "blue light special" just for you... I note that my M3 recent downturn is tracking the gold price way more faithfully than TMS or AMS... ;-)