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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (16358)1/14/1998 10:31:00 AM
From: Al Serrao  Read Replies (2) of 50167
 
Uncle, didn't Gold go down this past year and didn't interest rates follow on the long bond? Gold told us all along. Now if Gold is making a bottom than it would follow that bonds are peaking. Now here we sit with Asia falling apart, the question to ask is, What are the central banks doing around the world including the U.S.? They have to be printing paper like mad. If I'm right, Gold will make a move within three months, and if so the long bond would be the short. Now Uncle, what would be the option to play in such an event? Regards and stay well.
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