Replies to post #3714 on AMD strictly moderated (AMD)

[mmoy]

> Well, housing deflation will rapidly cause rate cuts.

How can you cut rates with oil near $70/barrel, gasoline
near $2.00 (spot), gold looking to push through $600 and
silver over $12/ounce and have to defend the $USD at the
same time?

Foreign Central Banks have NOT been buying enough of our
treasury debt in the last few months.

Take a look at the $TNX: http://stockcharts.com/def/servlet/SC.web?c=%24tnx

I think that it's more likely that the Fed will continue to
raise rates beyond 5.50%.