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Gold/Mining/Energy : Gold Price Monitor
GDXJ 127.15+0.4%Jan 15 4:00 PM EST
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To: ahhaha who wrote (13328)6/17/1998 1:48:00 PM
From: Bobby Yellin  Read Replies (3) of 116857
 
I think Rubin already did manipulate the long bond two or three
years ago when they reduced supply..at first I couldn't believe
it because I thought it would be better to have a lot of low interest
rate debt rather than short term paper..so when inflation came back
a lot of holders would get little return..
then I read somewhere..maybe Armstrong saying..that probably the
Fed would start increasing the supply of long term debt soon ..thus
it made sense..
bobby
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