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: long-gone who wrote (39624)	8/26/1999 8:01:00 AM
From: lorne	Respond to of 116900

First Kemp Letter to President Clinton June 11, 1999 The President The White House Washington, DC Dear Mr. President: >>> " With the stroke of your pen you can, temporarily at least, restore the simplicity of the Bretton Woods monetary system as an insurance policy against disruptions and guarantee a stable dollar throughout the Y2K window of vulnerability. Therefore, I want to urge you to issue an executive order immediately to stabilize the value of the dollar by instructing the Fed to conduct open market operations to add and subtract liquidity to keep the price of gold temporarily within a narrow band around the average gold price of the past 12 months. There would be no need of an international conference to discuss this. You need only fix the dollar/gold price as we did under Bretton Woods, and every country in the world could fix to the dollar. " <<< Full story >>>>>> polyconomics.com PS. Hi Richard. This may have been posted here before, not sure. Lorne