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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?

To: Exsrch who wrote (299)	7/24/1999 3:34:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 587

The only view I have in this arena is that there should be a free market in all forms of money. Money needs deregulation. Instead what we have is FED fixing the price of federal funds. These funds are the essence of federal reserve credit and thus of the monetary base. Fixing the cost of funds below or above the market creates disequilibrium states in the demand and supply for funds. No economist believes that price fixing is constructive. So why do they all think it is appropriate for money? This is the last piece of the economic puzzle. Economics is solved up to this hypocrisy. As long as it is avoided there will be periods of history that threaten a total collapse of money and economy. That is the only reason to hold gold.