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Non-Tech : Invest / LTD
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To: SJS who wrote (6344)1/4/1999 10:30:00 PM
From: Lucretius  Read Replies (1) of 14427
 
Like I've said... once the bond mkt breaks... Al's hands are tied and he cannot print money w/out sending L-T interest rates higher and smashing the dollar. Commodity prices will also see a boost due to this, but many aren't going anywhere due to oversupply EXCEPT the precious metals where isn't an oversupply.

dollar and bond mkt continue to break down... they are just taking forever to do it. Things should accelerate soon.

Al postponed the inevitable.. that's all.
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