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Gold/Mining/Energy : Cartaway resources

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To: Zardoz who wrote (1967)	8/6/1998 12:16:00 PM
From: John Paquet	Read Replies (1) of 2505

Hutch; you talked about M2 in relation with Gold price. I thought that FED has given up that M2 theory, money supply has no impact at all in relation with that inflation due to that FED Chairman Alan Greenspan's gradulism or his theory. I am more incline to that global fiscal policy rather monetary policy. Janpan's tax cut and Congress is propsing tax cut for the U.S. may eventually have more impacts on inflation, and that gold price has bottomed out this January of $$$276.50. I foresee Clinton fallout, then Alan Greenspan's second term will be expired and that Treasury Secretary Rubin will not re-appointed then that mighty U.S. dollar will fall as well then gold $$$$400. HAHAHAHA!!!!! YAHOHOHOHO, DREAMING AND GOOD THINKING RIGHT???? Hutch!!!!

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