SI
SI
discoversearch

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.
Strategies & Market Trends : Market Direction Predictions and BS guesses

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Vitalsigns who wrote (140)6/4/2000 11:07:00 AM
From: the Chief   of 234
 
Hi Vitals. Absolutely agree with everything you have said. When you start dabbling in the market to fix monetary problems as was done in LTC, you set a new set of rules. Prior to this point AG "did something" and the market reacted. Now he "does" something so the market will react. Subtle but significant difference.

His bggest eror was to jump to the .5% interest hike without a full understanding of what the previous hikes had done. Now it is a matter of pride, if he backs off his agreesive rate hikes, he will be analyzed for the poor choice he made in May, if he is agressive in June, he'll kill the growth and US dollar, short term. He truly is in a lose lose!

However AG has gone into a pile of dung and come out smellin like a rose before...so I don'tunderestimate the man.

As for Gold, well I think Banks just have to send out a subtle hint that they "may" sell a zillion tonnes, and the control of POG is done!

the Chief
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext