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


To: long-gone who wrote (36798)7/7/1999 4:26:00 PM
From: Jim McMannis  Read Replies (4) | Respond to of 116752
 
Inflation is really heating up.
Greenspan sees it but will get behind the curve because he doesn't want a replay of 1987. Multiple hikes ahead.
The Government either sees it and lies about it or is so stupid it measures the wrong things.
Wall Street will say what ever they need to to keep the gravy train running long enough for them to sell out. Case in point..."there is no inflation, just look at the price of gold, at 20 year lows"...No matter that gold is no indication of inflation in its current state.
Markets getting toward a pinnacle here.
Jim