Gold Price Monitor Message Board

STOCKTALK

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 114.87

+3.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lorne who wrote (47677)	1/30/2000 9:17:00 PM
From: PaulM	Read Replies (1) of 116811

U.S. TO PUT STRATEGIC PETROLEUM RESERVES ON MARKET dailynews.yahoo.com The DOE seems to be contradicting the "let-the-markets-decide" mantra of only a few day ago. (That mantra, in turn, flew in the face of the administration's sale from the SPR during the last re-election campaign). The paralells to gold lending are there: a sale is disguised as a "swap" with the promise that the oil will return in the future, with interest. The best face you can put on this is that the adminisration is buying a little time to manuevre ahead of a real emergency near term emergency. (The worst face is that SPR sales will last right up until the election, setting the US up for an absolute catastrophe thereafter).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next