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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (12276)	6/13/2003 12:44:35 AM
From: Bill/WA	Read Replies (2) of 39344

russwinter, from the yahoo site on FRE...<<Others emphasized that the implicit government guarantee for the agencies is expected to remain intact, making the current upheaval surrounding Freddie Mac a potential opportunity to buy its paper.>> Just what "implicit government guarantee"? My understanding that both FNM & FRE were "government charted" and although most people "think" there is a government guarantee, in fact, there is not. Although I think we know that Greenspud will manufacture some type of bailout...still at a cost to stockholders. Opinion? Bill/WA

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