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Monetary Metals & Co.
4343 N Scottsdale Road
Suite 150
Scottsdale, AZ 85251
So Dr Fekete says that interest can be divided in half forever, but what do YOU guys think?
tyonker: I think that interest rates can and will go a lot lower. Certainly well below 1% on the 10-year Treasury. We aren’t there yet, but give it time…
A graph I have put together from RBA statistics pretty clearly shows the correlation between falling rates (gov 10yr & interbank rate) & the rise & fall in the 12 month ended growth in ‘broad money’, which I take as a measure of system credit.
It was published in one of the first editions of the GSI Journal but I’d be happy to send an updated version if you’d like to see it.