Bill Rhodes
Bill Rhodes
bad cleaned government lose market opinion political react resolve sustain
As long as the government is of the opinion that it's going to resolve this problem, than I think the market's sense is that this is going to be a mess, but it's something that will be cleaned up eventually. But if we lose the political will to sustain this fight, you're going to see the market react in a very bad way.
believes blood conflict cost discount fairly market rise rule sell terms thumb
The rule of thumb is fairly simple. If the market believes the cost of conflict is going to rise in terms of blood and treasure, it's going to discount that and sell off. If it believes the cost of conflict is going to fall, the market is going to discount that and rise. It's really that simple.
distinct
It's very, very distinct to any other place in town.
affected emerges gold sort tide value
You can sort of think of it as a tide going out. Gold isn't affected by the tide, because it isn't a fiat currency. So when the value of currencies drops, it emerges as a big rock.
analysis everybody gravitate past people technical three toward worked
People gravitate toward things that work, and technical analysis has worked well over the past three years, ... Everybody has become a back-of-the-envelope technician.
allow begin financial government itself private process
This will allow the country, the Government and the private sector, to begin the process of reintegrating itself into the international financial markets.
additional cleaning people storm
We're cleaning out the storm sewers now in the Mississippi area, and then we're going to have some additional people doing demolition work.