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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: jennifersilversun who wrote (44810)11/5/2005 11:36:46 AM
From: russwinter  Read Replies (1) of 110194
 
There is a very large carry trade of borrowing (selling) in Yen and Euros, and buying US financial assets (including a lot of overpriced crap). Noland described it.
Message 21858422
Plus the rate differentials are high, even I am using US Treasury Bills for safety, although I'm hedging with long (and losing) Swiss Franc and Yen futures, and once I get an all clear on gold,
Message 21857422
the GLD ETF.
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