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To: russwinter who wrote (11357)5/22/2003 9:13:15 AM
From: Silver Super Bull  Read Replies (2) | Respond to of 39344
 
RW,

RE: "Should this trend reverse (resulting in portfolio losses from higher interest rates) even modestly, it would be like a giant snow and ice avalanche coming off a mountain."

I'm sure you recall early 1994, which had a scenario unfold similar to this. Rates were pushed very low and then a backlash occurred.

DB



To: russwinter who wrote (11357)5/22/2003 10:18:07 AM
From: Gord Bolton  Respond to of 39344
 
Message 18966234