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


To: Zardoz who wrote (52467)5/8/2000 5:48:00 PM
From: Enigma  Read Replies (2) | Respond to of 116815
 
Rarebird - not Niceguy - he lives on Stockhouse - my mistake!



To: Zardoz who wrote (52467)5/8/2000 7:10:00 PM
From: Ahda  Respond to of 116815
 
Hutch you can't control using prehistoric computer programs statistics numbers don't work when Goldman Sachs has fraction of seconds trades.

What causes inflation simply put your dollar is worth less more dollars less value. What causes wage increases, no competition . What is is holding all up ,the US dollar is still considered strong the yen is dropping. What is holding up the economy tech . What does it produce more tech. Who will be the benefactor I dont know.

Ahhaha feels that gold is only good in a currency crisis. Are we in a currency crisis as of yet no .

About the only crisis we might end up having at this point is a stock market crisis which would end up hurting the economy.
Are we in inflation , yes.



To: Zardoz who wrote (52467)5/8/2000 10:42:00 PM
From: LLCF  Read Replies (2) | Respond to of 116815
 
<The Fed funds rate should be HELD. In late 98 when Greenspan lowered rates to rescue the world, he blew it by over stimulus. Now he is erring on over caution.>

Actually I disagree with the last part. I believe he's painted himself into a corner and has to do what he is doing now. To keep rates low here would be folly.

DAK