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Gold/Mining/Energy : GOLD: WHAT IF IT IS NOW JUST A COMMODITY? -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (10)11/12/1997 8:33:00 PM
From: MUDMAN  Read Replies (1) | Respond to of 22
 
Bobby: we may very well get an inverted yld curve. The situation in Asia is really causing some severe reactions in the US bond mkt. I am convinced that had the Asian meltdown not occurred we would have had a 25 bp tightening. And the 30yr went out tonite at a 6.10%!!! Gold just seems dead in the water - at best. Maybe we need to quickly wash out to $250. I just have a feeling that is where we are going...Mudman


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