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

To: Crimson Ghost who wrote (67811)	4/18/2001 12:06:17 PM
From: Real Man	Respond to of 116979

Building the explosives under POG....

To: Crimson Ghost who wrote (67811)	4/18/2001 12:26:17 PM
From: russwinter	Respond to of 116979

The gold carry trade continues to go against the speculators: the fed rate cut lowered the forward rate, but the yields (prices trade inversely)of the instruments specs are long like two year and five year treasuries went up. 2 year this morning quoted at 4.43% up 8 BP from my Monday post on the subject, and 5 years are up 9 BP at 4.85%. The note and bond market is acting poorly. Message 15668626

To: Crimson Ghost who wrote (67811)	4/19/2001 12:34:21 AM
From: Rarebird	Read Replies (1) \| Respond to of 116979

The Fed Funds Rate is now 1/4 point less than the EU Funds Rate. This Dollar is Toast. Greenspan must have gotten the early word about how bad first quarter GDP will come in next week. It is actually more bearish for equities if the NAZ Rally extends to 2800-3000 and the Dow hits a marginal new high. PS I was aggressively adding to my gold positions this morning. I'm expecting a strong gold rally soon as the prime beneficiary of this aggressive easing moving forward is gold mining stocks. This is a tremendous profit opportunity in gold stocks.