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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (18144)	4/20/2016 7:35:01 PM
From: John Pitera	2 Recommendations Recommended By Chip McVickar roguedolphin Read Replies (2) \| Respond to of 33421

Hi Ox. very good observations you make. Last Friday in the print WSJ in the money section. The Journal outdid themselves with 4 inter related articles regarding " Negative Rates Upend the World" I was struck by how together them formed a very powerful narrative regarding what has been happening with the Central banks;; and the diminishing efficacy of the Monetary tools that the CB's have. We have been in a world of competitive currency devaluations for numerous years. The Governments of the world after the disastrous currency experience of the 1930's, went and created the Brenton woods fixed currency regime at the end of the world war II and it's arguable that the vast economic growth of the post WW2 into 1971 when Nixon taking us off the Gold standard was created by stable currencies. in 2014 we had great stability and low volatility in the major currencies and the markets were not volatile. With bonds nearing the end of their 36 year bull market, which will be equal in time to the bear market in bonds from 1946 until Oct 19 1981. We will see holders of debt incur very large losses between now and 2020. I am very bullish on precious metals for a secular move and with US stocks one gets ownership of assets and some very good businesses, more on the aspect of which stocks and sectors represent better value to follow. John