BONDS...Let's talk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : BONDS...Let's talk

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hernan UMANA who wrote (2)	6/16/1998 11:24:00 PM
From: J. Nelson	Read Replies (1) of 37

Hernan: Any truth to the rumor The Bank of Japan is buying Gold and selling over 100 Billion in U.S. bonds to pay for it???? I was reading a few posts on this tonight and seem to think that the last time they made a play like this was when they sold gold to buy the bonds at a 22% to 23% rate of the time. Should they dump the yen and U.S. Bonds and try to come up with Gold to meet the U.S. hoard of metal in storage it would take about 100 billion to do it at a $450.00 avg. yet if the story get's out there could be a run on Au. to what some call the $1000 to $1700 range I read about last year. Well it's a great place to read what's up on bonds thanks for your posting..... Regards, Jim....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next