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Gold/Mining/Energy : Gold Price Monitor

GDXJ 115.10

+1.1%

4:00 PM EST

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To: Bucky Katt who wrote (3142)	11/14/1997 2:55:00 PM
From: Bill Ounce	Read Replies (1) of 116836

Re: Borrow now and be happy Checkout F.I.A.S.C.O.: Blood in the Water on Wall Street by Stephen Rhodes Former Morgan Stanley derivatives salesman tells all. Explains how Japanese Banks created profits out of thin air by custom derivative packages which will result in huge losses years from the date of the original transaction. Scarey and fascinating book on how todays "bonds" may be other than what they appear to be on the surface. Expect hundred million losses announced soon from currency swap derivatives caught by recent Asian currency devaluations. Time will tell just how many mutual funds are participating in this game. Amazon Books review at: amazon.com

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