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Strategies & Market Trends : Strictly: Drilling II
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To: nspolar who wrote (22286)11/25/2002 1:20:42 AM
From: Canuck Dave  Read Replies (1) of 36161
 
Gold very active tonight. Up right now.

I think it's pretty obvious that the Fed is messing with both ends of the yield curve. The obvious reality of not issuing any more 30 year bonds is matched by their probable buying of 10 and 30 year issues in the open market.

The powers that be can't have everything at once: low interest rates, suppressed gold, no inflation, a strong dollar and a huge trade deficit. Eventually, something has to give. The question is whether it will be everything at once.

CD
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