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Gold/Mining/Energy : Gold Price Monitor
GDXJ 113.23+0.6%Dec 16 4:00 PM EST

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To: ahhaha who wrote (44049)10/27/1999 1:54:00 PM
From: Cynic 2005  Read Replies (3) of 116815
 
<<You have to understand and trust in the free market. >>
Can't speak for him, but I do understand and trust in free markets. But none exists. Definitely not in the United States. On the one hand they are trying to protect the bullish speculators on the equity markets by pumping easy credit. At the same time, they want to protect the speculators who sold gold short. In the former case the excuse is that a deflated bubble will pose a systemic threat. In the latter case, it is a combination of systemic threat and a threat on the very credibility of the central bankers.
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