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<p>[QUOTE="Rono, post: 1051697, member: 6492"]Hi Chris/all,</p><p> </p><p>Yeah, the never ending search for yield. Hey, interest rates are right around zero and your savings account is paying less than 1%. While this is going on, the Fed and Treasury are dropping dollars from B2 bombers (Quantitative Easing) in hopes of reviving the economy. All that liquidity has to go somewhere and we're seeing an asset bubble created - not in commodities like gold, silver and oil, but to a degree in the stock market. The surge in commodity prices has an element of hot money but also has an element of folks wanting to buy and own 'real stuff'. Real stuff as compared to fiat currencies. And even the stock market, while a bubble to some degree, has an element of demand that is also wanting to own 'real stuff'. For example, a solid blue chip company stock that pays a dividend. </p><p> </p><p>oh well,</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1051697, member: 6492"]Hi Chris/all, Yeah, the never ending search for yield. Hey, interest rates are right around zero and your savings account is paying less than 1%. While this is going on, the Fed and Treasury are dropping dollars from B2 bombers (Quantitative Easing) in hopes of reviving the economy. All that liquidity has to go somewhere and we're seeing an asset bubble created - not in commodities like gold, silver and oil, but to a degree in the stock market. The surge in commodity prices has an element of hot money but also has an element of folks wanting to buy and own 'real stuff'. Real stuff as compared to fiat currencies. And even the stock market, while a bubble to some degree, has an element of demand that is also wanting to own 'real stuff'. For example, a solid blue chip company stock that pays a dividend. oh well, peace, rono[/QUOTE]
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