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: goldsnow who wrote (41883)	10/3/1999 12:33:00 PM
From: Tunica Albuginea	Respond to of 116759

goldsnow, history tells us that it will take more than one tightening to stop this economic speedtrain if the reason to raise rates are going to be fear of inflation.All economists know that. But they've all staked out their reputation the last 8 years to tells us inflation is dead. This is why there is such an eerie silence in the economic bench. There are so many broker reputations ( and fortunes ) at stake. There are so many media-pundit ( CNBC ) reputations at stake who have tied their music-train ( NBC/CNBC ) to the fortunes and clairvoyancy of this El Presidente and his tax and spend policies and who proclaim his virtues to the airwaves every morning. The silence will grow more eerie as the moment of truth approaches. Black Monday? That name has been used. How about Crimson Monday, as in funeral parlance, TA Message #41883 from goldsnow at Oct 3 1999 12:05PM I take your bet and raise it by 1 (month) ``Strong, strong and strong,' said Ram Bhagavatula, chief economist at NatWest Global Financial Markets. ``This economy is on a roll and it won't stop until the Federal Reserve does something about it.' Fed policy makers on the Federal Open Market Committee (FOMC) meet on Tuesday to decide the course of interest rates. Most analysts do not expect a rate hike at that meeting. Still, the market is bracing for the central bank to announce that it is on guard against inflationary pressures by shifting to a so-called tightening bias from its current neutral stance. That would set the stage for a possible interest rate hike at the subsequent Nov. 16 confab. biz.yahoo.com;