Appears yesterday would have been good. LOL. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@West22 said:
You’ve seized on the word “high”. if I say “relatively high” can we move on?
Historically we didn’t have the debt load we do now. 3.75% on 40 trillion is a lot more than 10% on 1.5 trillion or 5% on 8 trillion. The numbers are bigger now. That caps fed funds rate. So it’s all relative.
It would be more accurate to state that yields over the last 15 years have been relatively, to anomalously low.
Finally we get back to normal and folk are in panic. We are weak.
@West22 said:
You’ve seized on the word “high”. if I say “relatively high” can we move on?
Historically we didn’t have the debt load we do now. 3.75% on 40 trillion is a lot more than 10% on 1.5 trillion or 5% on 8 trillion. The numbers are bigger now. That caps fed funds rate. So it’s all relative.
It would be more accurate to state that yields over the last 15 years have been relatively, to anomalously low.
Finally we get back to normal and folk are in panic. We are weak.
I do think we are talking over each other as we certainly agree on where rates are relatively to history and you continue to debate semantics. We agree. Rates are lower historically speaking. Good?
What I am saying is because of US national debt levels, the cost of servicing that debt, and how the debt is currently structured (financed mostly through short term treasury issuance), that rates will continue to stay relatively/anomalously low and cannot be brought back to a high level as it would result in undesired side effects in the treasury market.
In conclusion, given that short term rates are likely to stay in a low range between 0 and 5% going forward due to the previously mentioned factors, a rate of 3.75% is in fact considered high when factoring both recent history and that debt load is 40 trillion dollars.
@West22 said:
You’ve seized on the word “high”. if I say “relatively high” can we move on?
Historically we didn’t have the debt load we do now. 3.75% on 40 trillion is a lot more than 10% on 1.5 trillion or 5% on 8 trillion. The numbers are bigger now. That caps fed funds rate. So it’s all relative.
It would be more accurate to state that yields over the last 15 years have been relatively, to anomalously low.
Finally we get back to normal and folk are in panic. We are weak.
I do think we are talking over each other as we certainly agree on where rates are relatively to history and you continue to debate semantics
bicker forum
just move on
stick it out tho, the bicker club has run off everyone else
@West22 said:
What I am saying is because of US national debt levels, the cost of servicing that debt, and how the debt is currently structured (financed mostly through short term treasury issuance), that rates will continue to stay relatively/anomalously low and cannot be brought back to a high level as it would result in undesired side effects in the treasury market.
Markets will have the final say on rates, not any Govt.
@West22 said:
You’ve seized on the word “high”. if I say “relatively high” can we move on?
Historically we didn’t have the debt load we do now. 3.75% on 40 trillion is a lot more than 10% on 1.5 trillion or 5% on 8 trillion. The numbers are bigger now. That caps fed funds rate. So it’s all relative.
It would be more accurate to state that yields over the last 15 years have been relatively, to anomalously low.
Finally we get back to normal and folk are in panic. We are weak.
I do think we are talking over each other as we certainly agree on where rates are relatively to history and you continue to debate semantics
bicker forum
just move on
stick it out tho, the bicker club has run off everyone else
Took profit on all the physical silver I had on hand as well as my entire stack of paper silver ETF this week. Bought equivalent amount of GLD and Vanguard materials index ($VAW) Still holding the silver miners and gold miners this year, as well as the physical metals in the safe.
Added to the $URA uranium ETF and copper miners around the holidays. Silver has had a good run, but feels t toppy. I don’t mind letting the miners run as they have to be printing massive cash at anything gold< $2000 silver< $35. That way I hopefully get to participate in the upside if it hasn’t topped at $75-$80.
With oil still cheap in the wake of this Venezuela thing, there’s no reason the miners shouldn’t have a great run.
Comments
when to sell gutter bars?
Appears yesterday would have been good. LOL. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
It would be more accurate to state that yields over the last 15 years have been relatively, to anomalously low.
Finally we get back to normal and folk are in panic. We are weak.
Knowledge is the enemy of fear
I do think we are talking over each other as we certainly agree on where rates are relatively to history and you continue to debate semantics. We agree. Rates are lower historically speaking. Good?
What I am saying is because of US national debt levels, the cost of servicing that debt, and how the debt is currently structured (financed mostly through short term treasury issuance), that rates will continue to stay relatively/anomalously low and cannot be brought back to a high level as it would result in undesired side effects in the treasury market.
In conclusion, given that short term rates are likely to stay in a low range between 0 and 5% going forward due to the previously mentioned factors, a rate of 3.75% is in fact considered high when factoring both recent history and that debt load is 40 trillion dollars.
COPPER is gutter !
bicker forum
just move on
stick it out tho, the bicker club has run off everyone else
Markets will have the final say on rates, not any Govt.
Knowledge is the enemy of fear
Most folk cant handle the truth.
Knowledge is the enemy of fear
Took profit on all the physical silver I had on hand as well as my entire stack of paper silver ETF this week. Bought equivalent amount of GLD and Vanguard materials index ($VAW) Still holding the silver miners and gold miners this year, as well as the physical metals in the safe.
Added to the $URA uranium ETF and copper miners around the holidays. Silver has had a good run, but feels t toppy. I don’t mind letting the miners run as they have to be printing massive cash at anything gold< $2000 silver< $35. That way I hopefully get to participate in the upside if it hasn’t topped at $75-$80.
With oil still cheap in the wake of this Venezuela thing, there’s no reason the miners shouldn’t have a great run.