Treasury Yields Will Continue to Rise [View article]
Well Tony and co, many of us still firmly believe this to be a bear market rally, which is inflationary in its own right.
I still hold to the belief that the market will go lower than March and deflation will win out in the medium term. I expect this suckers rally to go to around 1000 in the s%p or even higher.
Less than three months ago people were suggesting the world was going to end! Not much has changed........IT's GOING TO "NEARLY" END. You just have to have some patience!!!
On May 23 08:25 PM cameroni wrote:
> Exactly Tony, now is the time to start looking seriously at all commodities > as inflation hedges. Commodities are money. It's a Mantra. And inflation > is an inevitability. The government is virtually guaranteeing to > bring it about with debt monetization. Even if all the stimulus fights > this deflation to a standstill and we get a flat economy this year > we still cannot repay all the debt. What then? Currency devaluation > is simply the only alternative and in essence is what will give our > export industries an edge again. > > As for interest rates.....they have only one way to go from here. > Up. > And the price paid by all irresponsible borrowers is always higher > interest rates. Even Uncle Sam.
Treasury Yields Will Continue to Rise [View article]
I still hold to the belief that the market will go lower than March and deflation will win out in the medium term. I expect this suckers rally to go to around 1000 in the s%p or even higher.
Less than three months ago people were suggesting the world was going to end! Not much has changed........IT's GOING TO "NEARLY" END. You just have to have some patience!!!
On May 23 08:25 PM cameroni wrote:
> Exactly Tony, now is the time to start looking seriously at all commodities
> as inflation hedges. Commodities are money. It's a Mantra. And inflation
> is an inevitability. The government is virtually guaranteeing to
> bring it about with debt monetization. Even if all the stimulus fights
> this deflation to a standstill and we get a flat economy this year
> we still cannot repay all the debt. What then? Currency devaluation
> is simply the only alternative and in essence is what will give our
> export industries an edge again.
>
> As for interest rates.....they have only one way to go from here.
> Up.
> And the price paid by all irresponsible borrowers is always higher
> interest rates. Even Uncle Sam.