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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: fut_trade who wrote (1148)6/16/1998 11:18:00 PM
From: J. Nelson  Read Replies (1) of 3902
 
Is it there yen falling or the bonds sold to buy 400 tons of Gold?

There is some that say the BOJ is selling U.S. bonds to buy a hoard of
Gold and they have tryed to cover it up for some time by using the swiss
to do there purchase. Now it seems that the cat's out of the bag IMO. I
was reading tonight were the massive amount of 100 billion in bonds was
up for sale to purchase a equal amount of Au like the U.S. holds.

Anyone wish to tell what they know of this rumor?

Regards,
Jim....
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