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


To: long-gone who wrote (36889)7/9/1999 8:03:00 AM
From: Rarebird  Respond to of 116791
 
Spot Gold presently at $258.80/$259.40. Up well over $2.



To: long-gone who wrote (36889)7/9/1999 7:46:00 PM
From: d:oug  Respond to of 116791
 
Richard, we agree to disagree & we disagree very little with the big picture.

I do think that you will agree that all of us pro-GATA have more than
a money investment interest in seeing the price of gold not be controlled
or manipulated, and that lies in a belief that only a gold standard can
stop or prevent stupid or misguided or criminal government and big powerful
financial person from using the printing presses to make as much or little
paper money so that they can obtain their twisted desires, and be damned
to those other folks that are hurt.

<<the bail-out of LTCM was brokered by the Federal Reserve
of New York, not the broad Federal Reserve>>

As Bill Murphy commented on this, lots of dirt hiding under the rug so
that we cannot learn what really happened. I heard that Greenspan was
present, and maybe even started the ball rolling on this bailout, so if
so, then the Fed "at a whole" was involved.

doug