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 98.59

-2.8%

Nov 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (58542)	9/21/2000 8:19:22 AM
From: goldsnow	Read Replies (2) of 116762

Gore said releasing oil from the reserve would ``bring more oil to the marketplace, which would help bring gasoline prices down,'' the newspaper reported. The reserve, he said, could be replenished when prices fall. Yesterday Clinton said he needs ``a few more days'' to analyze the global oil supply situation before deciding whether to release oil from the reserve, a cache of 571 million barrels of crude oil that under law can be used only for national emergencies. Treasury Secretary Lawrence Summers and Federal Reserve Chairman Alan Greenspan have warned against tapping the reserve, according to a report in the Wall Street Journal. Using the reserves to lower oil prices would be a ``substantial policy mistake,'' Summers told Clinton in a memo quoted by the Journal. Summers said Greenspan agrees with him, the Journal reported. quote.bloomberg.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next