Gold Price Monitor Message Board

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.08

0.0%

Feb 2 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alex who wrote (19065)	9/16/1998 6:08:00 PM
From: Dwight Taylor	Read Replies (2) of 116958

According to Jude Wanniski-- The correct analysis is that the Fed caused the deflation in Asia by starving the world economy of dollar liquidity in 1997, which brought the dollar/gold price down by $100, to the $285 range from $385. Many of Asia's problems would be eased by having the dollar/gold price rise back to $350, which would occur only if the Fed added dollar liquidity to the banking system. The Southeast Asian countries would then see their currencies rise relative to the dollar.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next