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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (8398)10/24/2002 4:24:25 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
excellent article: GOLD stocks to Yield Spread
by Steve Saville

a tight correlation in my eye
he forecasts higher longbond yield
thus a flattening of yield curve
this is absolutely the most dangerous scenario for derivative pyramid managers
it usually comes with ever widening spreads versus corp bonds also
this would be the ultimate nightmare for JPM, Citi

gold-eagle.com

/ jim



To: stockman_scott who wrote (8398)10/24/2002 4:42:16 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
CSFB's Tom Galvin was fired last week (AbbyJo next?) / jw