tag:blogger.com,1999:blog-6616959642391988608.post5639826864403553809..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Global equity markets march higherScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-81295115740917042832015-04-09T06:06:01.973-07:002015-04-09T06:06:01.973-07:00Matthew--Gold is a whacky item. The Indian governm...Matthew--Gold is a whacky item. The Indian government is moving to tax gold capital gains, something they have never done before. Gold has been a tax refuge in India. Who knows?Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42601401160146077722015-04-09T05:30:34.061-07:002015-04-09T05:30:34.061-07:00The one, two, and three year charts of the gold pr...The one, two, and three year charts of the gold price would further bolster Benjamin's case that we needn't raise interest rates.Grechsterhttps://www.blogger.com/profile/08898953158865778397noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14016795037325878342015-04-09T00:16:12.763-07:002015-04-09T00:16:12.763-07:00Add on--10 yr Treasuries now well below 2%, down m...Add on--10 yr Treasuries now well below 2%, down maybe 75 basis points in last year. St Louis Fed says that 10 year Treasuries adjusted for inflation are at 0%.<br /><br />Id we listen to many, the Fed had an ultra-easy accommodative monetary policy that caused the 2008 housing boom-bust and has been ultra-easy ever since.<br /><br />Yet we come to today, and real 10-year Treasury rates are at 0%Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33575809144829484442015-04-08T22:00:26.519-07:002015-04-08T22:00:26.519-07:00Is the Fed keeping interest rates at low levels? T...Is the Fed keeping interest rates at low levels? Then how to explain even lower interest rates in Japan and Europe?<br /><br />I wonder if the true Wicksellian interest rate a negative---that is, there is presently a glut of savings, more than can be deployed.<br /><br />The Fed might be able to raise the Fed Funds rate, but that action may actually cause further declines in 10-year Treasury Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com