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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (15224)8/31/2000 12:01:37 PM
From: CYC  Read Replies (2) of 436258
 
Heinz,

Treasury bonds (10 and 30 years) are rallying on ECB's quarter point interest raise. The market is obviously saying, "F*&^ the Euro, US$ is king." This happens despite the fact that gold is trying to make a move. I agree with you, unfortunately, however long this gold rally may be, it probably won't stick.
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