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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Bill Murphy who wrote (6085)5/25/1999 2:28:00 PM
From: long-gone  Read Replies (1) of 80976
 
To: Jim McMannis (34486 )
From: Richard Harmon Tuesday, May 25 1999 2:20PM ET
Reply # of 34489

NOTE THE QUOTE(!):
"the "gold carry" trade's days may be numbered," says Bishop.

MAY-JUNE: Top Stock Picks of the Month by investment newsletters include: American Water Works: A bargain that belongs in everyone's portfolio; Canadian Pacific: A great value play; St. Jude Medical which just turned in a record year for revenues and profits; WMS Industries reported revenues and earnings that far exceeded Wall Street expectations; AT&T and Tyco International are two high-quality stocks selling at reasonable prices; AOL is a catastrophe waiting to happen; Monsanto Company recommended for long-term capital appreciation. With widespread signs that the global economy is improving, gold is a market in search of a catalyst, says Bob Bishop, Gold Mining Stock Report. "The economic backdrop may provide that catalyst, but the bigger story is likely to be the implications of the "gold carry" trade as it has been practiced in recent years. "Free money" trade always come to an end, and with the environment changing in gold's favor, the "gold carry" trade's days may be numbered," says Bishop. Also, opinions and recommendation on Currencies, Commodities, Mutual Funds and the Markets.
thebullandbear.com

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