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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ken98 who wrote (52793)5/16/2000 8:48:00 AM
From: LLCF  Respond to of 116767
 
<In 1999, the Fed's outright purchasing of domestic securities expanded by a record $44 billion>

Ross Perot was right about one thing at least... the government should have been retiring bills over the last few years not bonds, and in fact should have been selling MORE 30 year bonds at these nice low yields [quickly disappearing]. I'd love to know how much that big bad trade cost the taxpayers... selling 9-12% yields and buying back 5% yields? OUCH!

DAK


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