SI
SI
discoversearch

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.
Technology Stocks : Wind River going up, up, up!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allen Benn who wrote (9342)3/22/2001 11:45:32 AM
From: lstrotheid   of 10309
 
Great post! I agree with everything you say, especially as relates to "Big Al" seemingly always reactive instead of proactive. Also, I ran across an interesting article in a publication("Investment News") entitled "Greenspan's Other Banking Headache". It seems that Oppenheimer Funds & First Eagle SoGen Funds have filed suit against an international firm located in Switzerland(how convenient) that deals in gold bullion. The crux of the suit is that a buyback program was instituted by the Bank for International Settlements on 72,600 shares at a rate of 50% of value, thereby defrauding 100,000 American holders of the above mentioned funds. And just guess who is on the Board of Directors of the Bank for International Settlements...none other than Mr. Green, as well as William McDonough(President of the NY Fed Reserve Bank)! Now, at the risk of eyeing this with a jaundiced tilt, history shows that as stock prices fall, the price of gold goes up. Could there be more to this monetary policy than Mr. Green is telling us?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext