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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: Hawkmoon who wrote (43318)10/19/1999 12:50:00 AM
From: Ahda  Read Replies (1) of 116762
 
The real problem is how they deal with inflation. Had AG raised interest rates in October and gone neutral with the bias, things would be much more stable right now. He could have even raised them a full 1/2 point citing a preemptive strike, seen the market get pounded a bit, but then confidence would resume
i disagree with you i feel he was concerned with the market and we are high tech. In order to flourish one has to have easy access to constant capital in this field. This isn't build a better fridge now we have found a simpler more cost effective method this is the whole damn thing is half obsolete before we perfect it.
The changes are each and every day due to new problems encountered. The net just bounced out of nowhere and it is a fix as we go situation this needs constant funding.
Problem was few bankers are techs and loans were like water with the help of the fed.
You can jump start anything and pour dollars out there but if the products aren't there to back those dollars your dollar is going to be worth diddly poop.
This economy isn't seeing huge revenues in accounting black line not red.
Where it was seeing it was in finance the future and space and much will be space. Bean babies whatever the dickens the new cards are called are dandy seasonal profit makers. I think we have gone beyond conservative thought to seasonal move FED, it is nigh impossible to raise rates and keep the techs and the market afloat. Slit your own throat due to the fact you are tech and it is a costly thing to be.
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