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To: Perspective who wrote (77168)3/8/2001 12:24:26 PM
From: yard_man  Respond to of 436258
 
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To: Perspective who wrote (77168)3/8/2001 12:49:40 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
you're on to something here! i believe however that the majority of gold carry proceeds has been invested in fixed income instruments...not exclusively in govt. securities however (the miners usually DO buy t-bills or notes, but not the hedgies...that's too pedestrian for them. see LTCM).