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Precious Metals
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Re: they can’t stop QE because the whole system is rigged-dependent on that (QE From thkis Caig-Rpberts interview-- then the interest rates are going to rise, the prices of all debt-related instruments are going to go down, In my ignorance, I don't understand this statement. The only "debt-related instruments" I have are credit cards and an auto loan. What is the price of a credit card? I see it as the cost to me, the interest charged on purchases. But that price (to me) will rise, not fall. What am I missing? Perhaps I've led a too-sheltered life... Mb |
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Msg # | Subject | Author | Recs | Date Posted |
121185 | Re: they can’t stop QE because the whole system is rigged-dependent on that (QE | smiley1 | 7 | 9/21/2013 12:20:01 PM |