PETER SCHIFF

PETER SCHIFF

Thursday, June 11, 2009

Commodities Currencies continue their Rally , Yields are up because of Inflation Peter Schiff

Australian and New Zealand dollars and other commodities currencies are up by 3 percent today alone , also Copper continue to be strong new high for crude oil at $72.50 .."Wall street still got everything wrong they're still spinning the rise of the commodity prices on strength in the US economy , also interest rates hit new high this morning , finally we got a rally in the bond market today I do nnot think that rally will last for very long I expect the yields over 10 years to be above 4 percent relatively soon but again" " yields are not moving higher because of improved prospect of growth they are moving higher because of Inflation"

2 comments:

  1. AnonymousJune 11, 2009

    Good stuff as usual. The audio isn't very clear however.

    ReplyDelete
  2. fix the audio brother Peter.

    When will the pro-sports bubble burst? Paying men gazillions to play games is crazy.

    ReplyDelete

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