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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (5211)1/16/2004 10:29:32 AM
From: Louis V. Lambrecht  Respond to of 110194
 
Mish - on that paradox:

Lower Euro rates mean:

1 Lower US rates, but no change in gold carry: 1-month gold lease rate already @ 0.019% (also means the CBs are lending as crazy)

2 No change in the forex EUR/USD secular trend, once the dust settles. I will by some calls before the G-7 Florida meeting: sell the rumor, buy the news.

Also feel safer in Silver, smaller market, less in the spotlights.


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