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Gold/Mining/Energy : Gold Price Monitor
GDXJ 87.56-4.9%4:00 PM EST
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To: marek_wojna who wrote (64356)2/24/2001 4:46:37 AM
From: sea_urchin  Read Replies (1) of 116752
 
marek : "printing on the highest gear."

Yesterday's support of the US markets, which were clearly in free-fall, shows the Fed's in gear already.

Also, the propaganda about dropping interest rates over the week-end. And then, when they don't, the spin-meisters will say on Monday : "See, Fed didn't have to cut --- shows the economy is really in great shape. Underlying strength"

Of course, with the accent on "lying"!
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