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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (13399)1/22/1998 8:25:00 AM
From: Dwight Taylor  Read Replies (2) of 94695
 
Ground--There was an interesting article in yesterday WSJ about a return to the gold standard. I haven't read it yet.

Let me ask you this. I understand the Japanese prime rate is about .5% . Is that correct? If so, couldn't one borrow a mil at 1/2%, for a cost of $5000, invest in US bonds at 5 1/2%, for a return of $55,000. Or is it not that simple?
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