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 143.68

-4.5%

Jan 29 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (61519)	11/30/2000 11:38:25 AM
From: Zardoz	Read Replies (4) of 116938

At the time of the operation, the federal funds overnight bank lending rate was trading at 6-9/16 percent, above the 6-1/2 percent target for the rate. This is the most important news I've heard on this thread in months. As I suspected, Greenspan is pushing the Hard landing scenario upon the people. If this Fed rate doesn't fall below the 6.5% mark going forward then we may expect a raising going forward. And this would lead naturally to lower growth, if not recessionary power upon the markets. In deed… this is the best time to buy GOLD. Note the word GOLD… Not gold stocks… but GOLD… Buy GOLD. Are you listening? Hutch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next