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


To: Rarebird who wrote (39071)8/15/1999 11:12:00 PM
From: Enigma  Read Replies (1) | Respond to of 116898
 
It can't and won't because Congress would kill it. d



To: Rarebird who wrote (39071)8/16/1999 6:59:00 AM
From: long-gone  Respond to of 116898
 
<<In a sense your right, Richard. But in another sense you may be proven wrong. As the fundamentals turn in Gold's favor, what else can this administration do? Have the Federal Reserve sell half of its Gold Reserves? Do you really think this is a real possibility? It is the next logical step. But I don't see it happening. >>

The bulk of the gold(well over 99% is not "owned" by the Fed - a private company. It is owned & controlled by the US, The US Treasury. The Treasury works for Whom? Crooked Bill Clinton you say?

Picked up something from The O'Rielly Factor on Fox last night. A spokesman for Hillary's "Committee to establish" was being interviewed by Bill O'. To the question "What would she do to help New Yorkers"?

"She will continue to act so as to stop giveaways to the mineral industry". (I believe but am not sure I heard the word "destructive" thrown in there)

It's the "continue to act" that says it all kids! Needless to say, I was floored! I was not aware she has any elected power.