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Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (463)	1/29/2003 10:38:27 AM
From: Jim Willie CB	Respond to of 1210

I wish I could borrow 3-month US$ at 1.2% this was the basis of the YEN CARRY TRADE all thru 1990's borrowed Japanese money, invested in USTBonds that carry trade wave is over the next carry trade is the Dollar to Gold trade borrow 3-mo US$ at 1.2%, invest in Gold if with futures leverage, huge profits it has begun, but will accelerate on a vast basis / jim