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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (678)9/20/2005 6:57:02 PM
From: Fiscally Conservative   of 50620
 
"What I think will eventually launch Gold and Goldstocks to significantly New and Higher highs ($550+ Gold and HUI 350ish) is when the Fed once again begins to cut interest rates and is forced to re-stimulate the US Economy BY CRANKING UP THE PRINTING PRESSES !"

That is exactly the opposite of what has been taking place these past few weeks in relation to Global Au demand.

Sounds like you are convinced the FED will eventually enough return to their fiscal stimulating rate cut stance while the rest of the world laughs their way to the bank. We are already in dangerous waters here. What the FED eventually decides to do will be largely predicated on the current political bias of the day,although even this much grease will ultimately have little effect in the end with where all this is headed. Current rate increases will continue,they have to. The mess this economy faces is real;payback is always a Bitch.

IMO
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