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


To: Jim McMannis who wrote (41350)9/28/1999 4:08:00 PM
From: long-gone  Read Replies (1) | Respond to of 116759
 
<<I'm still baffled as to why the FED, CBs would offer up gold as a reserve currency when they did such a masterful job of diminishing the value of it>>

Jim, sorry to do this to one who knows so much more about the overall gold game than I, BUT well DUH. It finally got to Greenspan's ears that the heads of the IMF & a couple of those elected here & in Europe were playing the short side. He twisted some arms & boom ....Or so the story goes... Remember There is one in our White House that is a "futures genius" - or was!