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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.75

-0.5%

Dec 3 4:00 PM EST

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To: Bobby Yellin who wrote (33681)	8/3/1999 2:09:00 AM
From: PaulM	Read Replies (1) of 116794

BOJ -- Hedge Funds Getting Wary of Yen Carry Trade biz.yahoo.com Hi B. The "bull" market is ending--and I mean that in two ways--but for some of the worst possible reasons (feels as though the weather may play part). Incidentally, the end of this yen carry trade thing means that a spigot feeding U.S. capital markets for the past 13 years--and especially the last three or four--is running dry. This at a time when debt servicing needs mean a huge supply of US based debt will be hitting the markets. Re: interest rates, sky's the limit.

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