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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (4815)	12/27/1997 4:34:00 PM
From: Ron Wilkinson	Read Replies (2) \| Respond to of 116763

About bonds, I believe our government will buy back many billions of them thru such processes as the exchange rate mechanism mentioned in earlier posts and other methods we probably are not even aware of. And yes, they can print and print until there is a loss of confidence in the lender of last resort/the current and maybe last place of safety before gold, the US dollar. How soon? Will the stock market go first? Will gold go first? Will it be recession? Depression? Economic collapse? Deflationary spiral? My head hurts. Ron

To: Bobby Yellin who wrote (4815)	12/27/1997 5:01:00 PM
From: Jack Clarke	Read Replies (1) \| Respond to of 116763

Bobby: I don't think your answer was glib and seems reasoned and appropriate. The Edwards interview in Barron's was indeed interesting. Those Brits (like Mr. Smithers a couple of weeks ago) are refreshingly straightforward after listening to the "new era" prophets here. Of course it has not been a "thinking man's market" -- at least not the way I think. Your question: "ps I keep reading how the US will give this amount of money for aid and that amount of money for aid and that they will cut back on bond issuances...can they just print money and print and print and print and not even have to raise it by issuing new bonds?" is one I keep asking and asking, but can't get an answer to which satisfies me. Seems like a giant shell game to me. But the printed money continues to hold the confidence of the world's population, so I guess they can keep printing it for now. What will end it and when? Jack