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print mo money..........

I guess I'll sell my t-bills and buy a hunk of gold and silver and dump 75 tons of zinc in the back yard

yea really, the currency is the whole show....maybe we can burn 2 year notes to stay warm this winter....

bottom line is USD devaluation is the path that Benny Boy has chosen...as if he had any other option.......... USDX to 50, gold to $1K

I dont think that's too out of line....

HEADLINE DATED 2012- Moody's downgrades US Treasuries to junk status with further downgrades possible citing wars with Iran, Pakistan, Syria, Turkey, and the Peoples Republic of California as as drain on tax receipts

I dont know but the US is about to undergo the biggest financial purge since the 1930s it's just getting underway.... something in heathcare, since everyone is about to retire and live off of 10 year 4.5% paper

the whole oil thing is bullshit.... with Iran going nuclear and Turkey and Arabia seeing the need to "purchase" a device....Israel stating that they wont stand for any crap...the only thing was for America to establish a beachhead and install a missile defense system to keep the peace...

yep -50 bpts is gonna cure this

says it all

under reported inflation allows the Gov. to over report GDP since the y/y deflator is smaller, I would guess a 4% GDP is actually 1-2% GDP but that the hell,,,,anything coming from DC is bullshit anyway

Japan is about the most Nationalistic... they dont allow immigration and you cant apply for citizenship They as a rule, are savers and will accept 0.5% yield and pass up US Treasuries maybe WWII hold overs have an effect..... but I have to hand it to them, they will own the West before...

stop taxing interest on savings as ordinary income and there will be a flood of savings..... will that happen....hell no

hearsay is the furnace is refusing to take Dollars, only 10 year treasuries.....

I am guessing a monster sized Euro bank is in deep over its head and time is needed to hatch a fix...... notice how quiet banks have been re: credit.....nobody's talking

What I hear from Benny is that he is completely unconcerned about what he cant control with rates...ie price of oil, gold, wheat, corn etc..... he seems to be infatuated with "inflation expectations" as if economists have a mythical insight 12 months out..... the gold market, at least...

yea really, anyone buying a 10 year treasury and holding it to maturity is going to get butchered an opinion of course

Oh Ivan, we're just having some fun.... everyone here is way smart enough to see it all unfold.... I even like it when dhpar flames me... It's just a pity to see this country hammer itself into the ground I own some gold and I have no debt..... I just watch the parade go by....

geez the dollar is getting pounded to dust as the band plays on..... oil to 100 gold to a 1000 wheat to 10

you are correct, but the Dollar is on the 30th floor and forex traders are yelling "jump"