Message:

<p>[QUOTE=&quot;yakpoo, post: 819226, member: 18157&quot;]Economically that&#039;s an important distinction, but everyone back then knew that restrictions on the money supply would raise interest rates until lower demand (economic recession) achieved an equalibrium.</p><p>&nbsp;</p><p>The Fed is currently withdrawing liquidity from the market which should put upward pressure in interest rates...assuming steady demand. I suspect this will be done quite gingerly (through 2010, at least), but likely needs to be done to appease the Chinese and other buyers of our debt.</p><p>&nbsp;</p><p>The question (from a CT perspective) is what effect might this have on PM prices. My guess is that the &quot;probablility&quot; is for a rising dollar and lower PM prices...especially given the turmoil in the Euro countries.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in