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Debt Moratorium with 1%Tax? The Arctic Mouse that Roared
That the Big4-favored Fed Funds, Bills and notes from 30 days to ten years continue to fall in yield and rise in price, while the Big4 remain short commodities, gold, platinum and silver into rises, suggests the richest smartest money that can afford to scale in does not see inflation on the horizon, let alone hyperinflation and further devaluation.
The historical record shows the shorter-term fixed income maturities give ample warning of inflation or hyperinflationary defaults.
Until interest rates from 30 days to 30 years all begin to rise, we are still in deflation and Depression as yet unrecognized by government monopoly media.
When media finally admit we are in Depression, or interest rates begin to rise across the board, we may change our tune at that opportune time.
Needless to say, those events may accelerate big stocks, commodities and much larger markets in fixed income notes and bonds to the downside.
In the meantime, what surprise could possibly cause a decline in commodities, gold, platinum and silver, with a seemingly contradictory rise in Oil and the US Dollar?
A defeat or setback of US attempts to recover Pakistan nuclear weapons might rush oil up, with most funds rushing into oil rather than gold, as the more liquid market for their size.
We seem to have entered a guerilla World War III not unlike the American Revolutionary War, with the Eastern Chinese, Euro, Iranian and Russian hemisphere axis terrorists on one side of Eurasian energy and financial oil grabs, and Western Anglo American allied freedom fighters on the other side.
These could be very interesting times indeed.
The gradual loss of liquidity or sudden failure of backwardized commodity or precious metals markets choked by near-term delivery orders larger than available physicals, could make big money wary to enter these much smaller markets without an exit.
