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To: long-gone who wrote (49824)2/29/2000 7:39:00 PM
From: Bruce Robbins  Read Replies (2) | Respond to of 116998
 
What strategic reserve? I hear the US has a few days of oil in that "reserve". A lot of good that will do Clinton. Oil and interest rates rising- Does this mean gold is going to rise soon?



To: long-gone who wrote (49824)2/29/2000 8:36:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 116998
 
The word is that the liar in chief has already emptied the reserves when crude was around 25. If it is true, he is lying through his teeth, again.

Even if it is not true, I don't think it will work. Printing $$$ and expecting the Sheiks to sell for less don't go together well. The OPEC is not as dumb as American public and politicians think them to be.