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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Wow on July 5, 2016 the 10 year Treasury hit an all time low of 1.375% which superseded it's previous low in July of 2012 of 1.394%. On Friday the 10 year was at 1.55%. Which for all intents and purpose is treading along at all time lows...This desire for a flight to quality is indicative of the fear factor in the Global economy.
Gold is at apx 1339.00 an oz up from 1080.00 at the beginning of the year.
1ST QTR 2016 GDP 3rd est 1.1% growth
Estimate for July 29, 2016 release of 2ND qtr GDP is 2.4%, they usually have been optimistic in their forecasts
Year over year 2016 is forcast at 1.7% growth....Hmm what is that population growth again?
What it all boils down to is that since 2008 there has been no real growth in the economies except for the rate of population growth. So for all the kings men and horses they have not been able to put Humpty Dumpty back together again... and I said that back in 2010.
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"Some Observer"
Last edited by tabs; 07-16-2016 at 02:15 PM..
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