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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%4:00 PM EST
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To: Crimson Ghost who wrote (62457)1/5/2001 1:29:09 PM
From: Bruce Robbins  Read Replies (1) of 116753
 
Most people think that Greenspan does things to save the market. They are dead wrong. Greenspan doesn't give a chit about the market- he is a banker. Greenspan does things that are good for banks. When he made his move this week, people thought wrongly that he did it to save the market. He did it to save the banks (from defaulting). The fact that Al did something like this is completely out of character. It tells us that the banks are in trouble.
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