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To: russwinter who wrote (4073)4/11/2003 12:08:16 PM
From: TheSlowLane  Read Replies (1) | Respond to of 5423
 
Russ - in regard to your short positions, are you shorting shares or buying puts? Just curious, thanks.



To: russwinter who wrote (4073)4/11/2003 1:34:18 PM
From: Jim Willie CB  Respond to of 5423
 
in last 12 months, read perhaps 15 reports of US$ carry
I cannot be more specific
a brief note in Barrons on Credit Page of MktWeek
a blurb in major newspapers briefly discussing euro rise
it was part of the gold rise last spring and winter
the main angle played which has been reported is
borrow 1.25% $ money
invest in 5% EuroBonds
that was last spring and summer
huge win
with futures leverage, huuuuggger win

I will try to bring this to the SI threads next chance
I believe I did bring some of it last summer
Puplava openly wrote of it last summer with anecdotal reports

/ jim