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

To: Bobby Yellin who wrote (42046)10/4/1999 6:17:00 PM
From: Henry Volquardsen  Read Replies (1) | Respond to of 116759
 
Not really, I have a feeling the odds of a Fed hike are lower. I've held the opinion that the Fed would not raise rates during the fourth quarter due to Y2K concerns. I'm not unique in this as I believe a lot of people have that opinion. Some recent comments give me the feeling the Fed feels this way as well. Btw I wouldn't be upset if they did raise rates. In fact I think they should and I'm not concerned about Y2K.

I also read Bill Murphy comments. The 'powers that be' told the English they couldn't let gold get over $290 huh? Sure they did. Someone should have told Mr Murphy to wear a helmet when he was playing football.

Henry



To: Bobby Yellin who wrote (42046)10/4/1999 8:26:00 PM
From: Richard Mazzarella  Respond to of 116759
 
Bobby, <<liklihood of the Fed raising rates>> I would be very surprised if the fed raises rates anytime soon. Greenspan is old enough to remember the "three steps and a stumble" rule. The stock market (paper assets) is the cornerstone for this economy, even the world economy. Greenspan isn't about to pull a ripcord on it IMO.


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