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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.93+0.8%Jan 9 4:00 PM EST

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To: Michael Collings who wrote (69228)5/16/2001 7:51:16 AM
From: long-gone  Read Replies (1) of 116846
 
<<The fools on cnbc who keep saying that recoveries always follow six to twelve months after interest rates drop forget to understand that first, interest rates must drop. Can't stimulate anything when the cost of borrowing is not going down. Lowering the Fed funds rate just isn't doing it.
Can you say INFLATON? >>

The sole function of 80% of the people we see on CNBC is selling stocks or bonds got forecasting the economy. Enough said?
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