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

To: Ahda who wrote (41440)9/28/1999 10:34:00 PM
From: Probart  Read Replies (2) | Respond to of 116764
 
James J. Cramer Chats on AOL
By AOL Chatters

9/28/99 7:38 PM ET

James Cramer chatted on AOL Tuesday, Sept. 28 at 5 p.m. EDT. As with all chats, this transcript is unedited.

Question: What is your outlook on gold?

TSCNYjjc: I think that gold is overpriced. I would sell gold and gold stocks as I think they were up on a short squeeze.



To: Ahda who wrote (41440)9/28/1999 11:40:00 PM
From: Thomas J. Benthall  Read Replies (1) | Respond to of 116764
 
<< suppose the FED puts out a additional printing of x dollars to cover any accounts that drawn due to concern with y2k issues, >>

Wouldn't the Fed put out dollars only if bank runs occur? A run on the banks would be deflationary, wouldn't it?

If massive bank runs occur, I don't think the Fed can print up money fast enough.


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