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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST

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To: Bobby Yellin who wrote (11341)5/6/1998 10:04:00 AM
From: philv  Read Replies (1) of 116826
 
Since Greenspan's now famous "irrational exuberance" speech, some 3000 dow points ago, he has had an apparent conversion, and has not uttered any similar remarks.

Curious, isn't it? Many people agreed with his first statement, but now find the Fed. Chief's silence and inaction confusing. What could have happened since then? Was he compromised, told to shut up? Or perhaps the Fed has some plan! Will this Bull market continue for the next 15 year as some have suggested?

Lots of questions, no answers, but food for thought and speculation. Any ideas?

Phil
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