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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: Ironyman who wrote (3491)2/27/2003 11:38:57 PM
From: Jim Willie CB  Read Replies (1) of 5423
 
you will be right until the dollar comes down more

you seem to assume the Fed can maintain control
the dollar decline takes control away gradually
how can it not?

the Fed can control the shortend most easily
in order to control the longend, then must monetize purchases of TENS
but again, a declining dollar will force their hand
nobody seems to think this is possible
I cannot find any reason why the Fed can countermand the market for much longer

/ jim
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