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


To: GST who wrote (77084)9/21/2001 1:22:55 PM
From: long-gone  Respond to of 116752
 
<<is all that liquidity coming into the market to help the system to to provide safe haven to highly leveraged players>>

No, if I understand correctly, it is a two edged sword which cuts both directions, it could "help" or "kill" anyone. I wondering why one of the truly long & independent gold & mining mutual funds doesn't start working the gold carry trade in the other - long direction? Money cost at the Fed's discount window is only 2.5% and new rules allow borrowing by mutual funds.