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To: Rarebird who wrote (38905)8/12/1999 5:20:00 PM
From: long-gone  Respond to of 116927
 
<<If I was a market manipulator ( which I'm not ) and if I had Goldman Sach's long position on the Comex, I would try to wipe out the Internet Day Traders before I allowed Gold to really surge on the upside. It's all a game of control when financial health is at stake.>>

I'm guessing most of these "economic experts" around today will rush to press when it hits $300 and tell everyone it just "reflation" at this point not "Inflation".



To: Rarebird who wrote (38905)8/12/1999 7:42:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 116927
 
Greenie might actually favor a gold rally now: Would be Republican presidential contender Steve Forbes has been argueing that the Fed should not tighten as long as gold is depressed. He and those around him still seem to think that gold is a good leading indicator of inflation.

A decent gold rally sparked by a withdrawal of CB gold from the lease market would cover Greenie's flank on this issue. Seems to be what is happening now.

Just my 2 cents worth.



To: Rarebird who wrote (38905)8/12/1999 11:06:00 PM
From: Thomas J. Benthall  Respond to of 116927
 
<<If I was a market manipulator ( which I'm not ) and if I had Goldman Sach's long position on the Comex, I would try to wipe out the Internet Day Traders before I allowed Gold to really surge on the upside. It's all a game of control when financial health is at stake.>>

I hope they try it. I'm a day trader and I go "by the tape". I could spot it.