Normalise, thats an interesting word Peter , NORMALISE, in reference that they are not normal, you are correct there, things are certainly not normal and you can thank the US for that. When do you think that they may normalise? what about a timeframe perhaps, Its a tricky question, even for me.
Lets call normalise cash rates at or above 2.00%
The higher it goes the less gold will be worth.
But please hang onto your gold and prove me wrong.
Any expressed market opinion is my own and is not to be taken as financial advice
Normalise, thats an interesting word Peter , NORMALISE, in reference that they are not normal, you are correct there, things are certainly not normal and you can thank the US for that. When do you think that they may normalise? what about a timeframe perhaps, Its a tricky question, even for me.
The Us has had to keep lowering them over many years now to prevent their economy and dollar from imploding , forcing the value of their currency to drop and forcing other currencies to rise , making exports for everybody more expensive, and cheaper for them, the problem is they produce very little now and rely on imports which are now making things expensive for them causing inflation.
Now like the euros we are forced to lower our interest rates in an attempt to lower our dollar so we can export what we have, but with the US creating so much money we are having a hard time keeping our dollar down. We dont have much more that we can lower our interest rates or dollar for that matter, and when we hit the bottom for iinterest rates ,which could still possibly go to zirp in an attempt to keep our dollar under parity which will eventually become an impossibility unless the US dollar collapses before this ofcourse , and it is here that is hard to put a timeframe on. think of the consequences for our economy , they are slowly sending us to ruins like themselves.
I guess the sooner it collapses is when things can only start to normalise once again, what normal will be then is anyones guess. Like I have told you before with the lowering of interest rates along with our high wages and emerging economies ,we will lose many more jobs too, as we have seen lately. You doubted all that before ,and doubted the continual lowering of our interest rates thinking the bottom was long ago. Its time to start looking at the bigger picture here. If you dont ,you want be able to see it.
you make some great points but again, why will those dollars or euros or Thai hooker bucks chase gold over other more vital commodities like food, shelter and energy? In a hyper inflationary environment you could theoretically make nominal gains by holding just about anything, and in a bona fide SHTF scenario i suspect water and food might outpace gold.
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
Normalise, thats an interesting word Peter , NORMALISE, in reference that they are not normal, you are correct there, things are certainly not normal and you can thank the US for that. When do you think that they may normalise? what about a timeframe perhaps, Its a tricky question, even for me.
Lets call normalise cash rates at or above 2.00%
The higher it goes the less gold will be worth.
But please hang onto your gold and prove me wrong.
Did you make a typo Peter, 2% , they are already above this or are you referring to the US ? Still hardly normal, how could you call that normal. I dont own any gold, apart froma few coins, I am more a silver man but cashed out on the last rise, gold stocks are the go for the umtienth time, get on after big drops , be patient and wait. look at the returns, I am sure you have by now. As for gold is was still climbing hard when our interest rates were still at 9% a few years back. How could you call 2% normalise if the US rates are what you refer to. normalise is 6-7%, thats a normal functioning economy. Firstly you must undertand that the US will not increase the interest rates by their own hand, it would collapse their economy for a start, the only way they will rise now is if they are forced upon them from either an economic collapse or dollar collapse which will probably be both. Even then if this happens it will be becuase their dollar has or is collapsing so fast that interests rates will not support it , peopel will not want to hold US dollars even if rates were 10% becuase the dollar will be increasing at the 10% and being debased much faster , maybe 20-40-50% who knows, they will want something else apart from US dollars when this happens, so where do they go ?
you make some great points but again, why will those dollars or euros or Thai hooker bucks chase gold over other more vital commodities like food, shelter and energy? In a hyper inflationary environment you could theoretically make nominal gains by holding just about anything, and in a bona fide SHTF scenario i suspect water and food might outpace gold.
Catweasel say interesting.
Food the inflation be the flat in a Japan for a 10 the years.
Maybe even the down.
Un the heard of.
And a gold double in a yen!
Yet food the price in a Australia and a mouse house go the nuts.
Sorry blondie ,I am not in the mood for that one right now, its getting a bit late, maybe tommorow.
So Peter , this woman I assume is nominated for the fed position, lucky her, looks like bernanke jumps ship right before the collapse.
I also think that nobody else wants to put the hand up for the job, no man in his right mind would .
What do you expect this woman can or cant do that could make any real difference, I am sure any joy will be short lived on that front.
Honey buns(yes I'm sucking up to you)
Please tell me you perspective, when you are able to.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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