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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Enigma who wrote (22050)	10/21/1998 11:00:00 AM
From: The Street	Read Replies (3) of 116760

The Gov't should be out of ALL trade and markets-- used only to settle disputes-- as outlined in the US Constitution. The reason the markets need Gov't crap involved is due to the creation of a the dollar into the new Gold Standard. Letting policy replace the fundamental market based currencies that the Gold Standard gave us. So instead of Gold and markets underlying world currencies we now have politically motivated Gov't Policy doing the job. THAT does not let free markets exist and makes for more gov't manipulation because you have a snowball effect... As for the cut?? It gives us short-term help but long-term in will hurt the dollar. I mean just creating cheaper capital does not fix the problems causing the Crisis. Just puts it off-- real fixes. Which helps Gold-- so we wait for the Crash and Depression a little longer. Let's me trade some more and store capital to buy GOLD...

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