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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (15847)8/7/2002 11:02:01 AM
From: Jim Willie CB  Read Replies (2) of 23153
 
strong Swissy mainly thru EuroBonds, EuroDollar

if someone could explain in nice detail what the hell the EuroDollar is, I would kiss them on the lips

my take...
US Treasury debt, but denominated formerly in a basket of European currencies (dmark, pound, SWfranc, Ffranc, etc) and now denominated in Euros

better yet is investing in gold
because the SWfranc is trending up vs dollar
AND gold is trending up vs Swfranc

I could provide links for each trend, but not quickly
the gold rally will be mighty this decade
gold miner stocks, but not XAU index (includes hedged firms)
/ jim
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