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Noway Mark Brown can influence our bond market or can anybody else for that
matter. Its much to large a market and the amount of money that's goes
through it daily is simply mind boggling. I'm sure Mark has big funds to
trade with he makes money people like that. Now and again with the volume
gets light in the bond pit a hedge fund can direct the market for a little
while. Keep in mind in the futures market for every buy there is an equal
sell. Every dollar you make somebody lost that dollar. So even firms like
Chase Bank can't control this market because on the other side there might
be The Bank of America or Japan. So it's not possible for Mark to control
this market, maybe The Kansas City White Wheat market but even then Mark
better get ready to make some pasta. Although having said that Buffet did
influence the price of silver, difference is Buffet also took the delivery
of that silver.
Robert
At 08:55 PM 6/17/1999 -0500, James H. Snowden wrote:
>My girlfriend's sister's son is with American Airlines Sabre division
>and I have it on his advice that Mark Brown went to Australia several
>months ago. He has a Netherlands Antilles Corporation that is traded
>through a Bermuda account controlled by an Australian corporation. They
>in fact have funds such that they can swing the American Bond market so
>as to successfully control our bond market. Needless to say I don't
>trade bonds but I am very concerned about the next market they will
>own. I would think that American stocks are safe but who knows for how
>long. As we all know there is no way to defend against foreigners
>running multiple entities to control our markets. I for one am
>considering begging Mark to trade some of my money.
>
>
>Best of luck to all of us,
>
>
>Jimmy
>
>
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