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: Cynic 2005 who wrote (44050)	10/27/1999 2:07:00 PM
From: Bobby Yellin	Respond to of 116815

In the latter case, it is a combination of systemic threat and a threat on the very credibility of the central bankers. what credibility? aren't we just witnessing economic warfare?

To: Cynic 2005 who wrote (44050)	10/27/1999 2:09:00 PM
From: Alex	Respond to of 116815

Amen to that. <g>. (eom)

To: Cynic 2005 who wrote (44050)	10/27/1999 3:12:00 PM
From: ahhaha	Respond to of 116815

That free markets only exist is unavoidable. The gold market is the most free of all even though biggies are trying to interfere with it. The bigger the power of the interferer, the longer they can influence a market at the margin, but that can happen only when the people allow it. They allow it when there isn't any perceived reason not to. When there is a reason for a market to trend, the most the biggest can do is to influence the market over several days. Pakistan drops an A-bomb on India and you'll see just how little power the biggies have to control what gold does next. The way to influence a market over a longer term is through infinitesimal actions at the margin. Even then it won't work if the action is contrary to the reality the market reflects. In contrast, the Soviet Union managed to interfere or outlaw markets for 70 years which is a long term period, but the response was that the markets which still existed there provided a reality that caused the Russian people to topple the Soviet Union. Beware FED.