gold, page-45067

Hi Timber1956 and all,

“As it is Sunday afternoon, I might throw in Matthew 25:10-25 for its condemnation of hoarding.”

Hoarding is such a derogatory word I see saving in any manner as quite a virtue. Storing part of the grain crop during the seven good years looked like a good idea especially when the next seven years didn’t produce much grain.

Some interesting discussion on the ten-year bond rate:

“For me, reaching 3% is a significant moment in that it means the economy has fully recovered from the financial crisis and is healthy.”

https://www.thecapitalideas.com/articles/3-views-treasury-yield


I’m not sure I agree with the quote above I was waiting for rates to normalise around the 10% level before I was ready to accept that the world economies where on the mend. 3% less whatever people believe is the current rate of inflation still looks close to negative as far as I’m concerned.

I guess time will tell.

Cheers and very best regards: Andy