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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 108.29-0.9%Dec 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Phil Jones who wrote (35562)6/18/1999 9:59:00 PM
From: d:oug  Read Replies (1) of 116790
 
Phil, <<why IMF sell gold rather than simply giving out U.S. dollars? >>

Its quite simple, its a political decision, not an economic one.

The only times the high and full of themselves political leaders really do
the correct type of help for the poor folks is after these political leaders
do a royal screw job onto the regular folks and make them poor folks.

But only if they can get some good press to help their next reelection.

As for the USA Congree pass or not the IMF sale, it could be known now
thru Rep vs Dem if one side could predict doom or not with status quo.

As in Its the Economy Stupid battle cry, if bubble pops then new USA pres
will be Dem, .....

(later) oops, i mean Rep.

I only voted once in my long life as born in usa cit
and only after someone gave me $5 to do so
and since secret vote, i did the opposite payed for

wonderful, ain't it

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