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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: long-gone who wrote (84259)4/6/2002 7:33:22 PM
From: Square_Dealings  Read Replies (1) of 116764
 
Rubin was called in after Sept 11 to teach the Bush administration how to pump up the stock market and the dollar. Gold was pushed back down to 273 and silver to 4 bucks after the bullion banks went under and left Goldman, JPM, Deutsche Bank and a bunch of insurance companies holding the bag.

The only reason precious metals are going up now is because its becoming increasingly more difficult to lie on economic data/corporate earnings and keep people in the stock market.

The U.S. account deficit and the wave of corporate defaults is forcing the hand on gold and silver. Bush doesn't have anything to do with it, he doesn't understand it.

M.
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