Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Hawkmoon who wrote (37716)	7/24/1999 5:32:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 116764

I have another question. Here we have all of this discussion of the FED raising rates this fall and the US economy teetering on the edge of overheating as Asia recovers and Europe shows its economic strength. But on the other hand we face all of these dire reports referencing how Y2K will cause a deep recession and drastic disruption and slowdown of business activity around the world. The choices are: An overheated US economy where the Fed has to contain domestic economic growth with higher rates..... Or a sharply contracting economic environment where the appropriate response would be a lowering of rates in order to stimulate growth. I just don't get it. How can both scenarios co-exist?? Which is it? Or were Greenspan's comments and tone being directed at another audience across the seas??

To: Hawkmoon who wrote (37716)	7/24/1999 5:32:00 PM
From: Ahda	Read Replies (1) \| Respond to of 116764

Quite i think we are going to be in mess. What in my opinion will happen is the pegging of currency is going to drive us all bats between derrivative plays and financing . I see this more realistically than gold moving because of a world economic crisis and lask luster dollars because of the present pegging situation I dont think in this time period we will see all countries economies fall so that all currencies are found stressing for value and gold shines. This is what i worry about. You might have a reverse situation where the importers are crying like crazy and the exporters demanding blood. The drop in the baht created heck for Japan and the drop in the dollar will create heaven for many debtors but God forbid what it could create for us.