TSXV:SLX.P - Post by User
Comment by
fabdaqon Mar 06, 2011 9:54am
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Post# 18240102
RE: RE: James Turk
RE: RE: James TurkGreat post mineshack. Cant see a raise in interest rates. Wait till all the individual states have to refinance in the coming months. Rates have to stay low or the U.S. plummets with regard to refinancing. Consumers would feel the bite as well and with inflation gaining steam (think fuel/food prices, oh yeah they are not measured in inflation - we dont pay for that -lol) it would take the consumer out of the game and thats what the u.s. economy needs most. Quite a mess there in. With regards to world markets can you imagine the hit they would take if the unrest in the middle east spread to CHINA? Markets would be harpooned short term or as long as the unrest lasted even though I think PM's would do quite well on the physical side.