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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (32593)5/11/2000 6:07:00 PM
From: Ken98  Read Replies (2) | Respond to of 42523
 
<<Earlier, higher stock prices Thursday were the main catalyst behind the market's steady erosion after the favorable retail sales report and the Fed's coupon pass
which removed $527 million in longer debt, strategists said.>>

biz.yahoo.com

Hi-Ho, Hi-Ho, it's off to print we go...

Today's jam job was pre-ordained.

Where is the best place to track daily Fed activity now that it's been dropped from Reuters?



To: pater tenebrarum who wrote (32593)5/11/2000 6:30:00 PM
From: re3  Read Replies (2) | Respond to of 42523
 
this gold eagle article here has a lot of facts and figures about gold positions, derivatives, yada yada.

the first bit is about the placer/crystallex mine issue and one might wanna skip that part for the more juicy stuff in it...

gold-eagle.com

here is an excerpt. (can anyone verify the comment about july 1/00 fasb changes ?)

Red Buttons used to sing, strange things are happening. Strange things are happening at Morgan Bank. This central bankers bank, gold bullion bank and banker for European royalty and other elitists, is skeletonizing its presence in New York. Stranger still is that on July 1, 1999, its derivative contract position was $18.363 billion and on January 1, 2000 it was $38.086 billion. That is $16 billion larger than Chase Bank's position. That is $60 billion in gold derivative contracts just between these two banks. On July 1, 2000, due to FASB changes, we are going to see what Goldman Sachs' position is. We'll get to see the other side of all three's trades if congressional committees deem it advisable. We will also then discover where all that gold came from