<<Maybe the Fed will be willing to let gold run again for $5-10 bucks.. This allows certain shorts to unwind some of their positions, then go long gold a few bucks, then short again.>>
Rereading an old book "The Economists" by Leonard Silk, he quotes
M. Friedman as saying that though he respects Greenspan, he finds other Randians as boring and inflexible. I believe (as I have stated before) Greenspan was not in on the early manipulation. Think our Fed came late to that party, and is now trying(quickly) to take away the punch bowl. No, once they let it start runnin, think, they will just step back - for a while at least . Pressure from Western States Senators, Congress Persons, pro labor, Pro- South Africa, Republican and Democrats while he trying to get the job again will slow future manipulations. The game is ending, just don't kniow when the drunks will pass out or leave looking for a new party.
Just wonder what your interest is in stopping any run over $325? Invested in LTCM? |
