SI
SI
discoversearch

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 127.15+0.4%Jan 15 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Hunt who wrote (25782)1/10/1999 2:09:00 PM
From: Enigma  Read Replies (1) of 116857
 
John "IMHO, he will raise margin requirements accross the board next and keep interest rate increases in reserve to defend a falling US$ if necessary" You're probably right - seems like a logical step. It doesn't always have the desired effect though - I seem to remember when gold had its huge run in the 70s they reduced margin loans from 90% to 60% - but nothing seems to work once mania sets in, so a rate increase might be a next step? . E
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext