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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: denekin who wrote (35609)6/21/1999 12:22:00 AM
From: long-gone  Respond to of 116845
 
<<Jack Kemp's Gold Price Freeze :
Friday's IBD has a back page article,excerped from a letter to Pres. Clinton, in which Jack Kemp suggests freezing the price of gold and going back on the gold standard to protect us from swings in liquidity. Interesting reading, mid left column, page A22. another example of how far "they" will go to keep gold down...>>
Lawrence,
Either Kemp is very stupid or very very smart! I'm guessing he's smart enough to understand that every currency peg has failed through all of history (or is very near breaking now)& is bound to fail in the future and with gold it would crack higher Vs lower as big players simply started demanding delivery.
And would a dollar value crash break the Democrats or what???