Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (6836)	1/27/1998 1:20:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116922

2 ans. Ur Q directly, Hutch, I BELIEVE FED'LL EASE, thereby "sanctioning" the reality of our own Bond market who has ALREADY eased almost 3/8 point from last "tightening." The best foreign CB's can hope for is that Fed maintains... Because the bond market has already spoken. You see, there are a few anomalies currently inflating our bond prices and driving down our interest rates... It has to do with German moving massive amounts of money from their 10yr bund market to our 10 year Bonds to get them out of their "EMU" deadlines... You see, it is my understanding Germany's 10yr Bunds will be marked to EU's on the day of "membership"...to keep from losing anything in the shift, even 10 basis points, it has been easier to transfer funds to US bond markets, fueling demand for our paper driving up prices and lowering interest rates... plus acquiring a dead-bang genuine Reserve Currency Deriative into US dollars should all hell break loose in the interim... I'll tell my boy what you said, and thank you! O/49r