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: JG who wrote (15164)	8/2/1998 6:31:00 PM
From: Zardoz	Read Replies (2) \| Respond to of 116759

Grunert: With increasing yields, I would expect foreign capital to jump on the bandwagon and invest cash into the US bond market for two reasons. 1) A higher yield than at their own country, due to recessionary concerns their. 2) A positive currency appreciation against their currency. Both which counter their own domestic markets. If you look at the 3 month LIBOR rates at: quotes.reuters.com You'll see that GBP is less likely to have a rate hike, than USA. And germany is really tide to the POG. And doesn't Germany have a large unemployed population still {not sure}. So they are less likey to raise interest rates either. Canada I suspect will raise on Tuesday, thursday the latest, by .5% {followed the next week by .5% again.} Currency instability takes time to spread around the world. It may start in ASIAN, but it will end up in USA. {CDN now}. I'm really concerned about CHINA. They may throw in the towel too, just to get a share of the world. Watch for bond market spikes... The EU has the potential to be the big winner here: {A currency tied to gold: good for commodities, and related countries}