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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (34590)5/22/2000 10:17:00 PM
From: Lucretius  Read Replies (2) | Respond to of 42523
 
i know.. i was just messin w/ ya -g-



To: pater tenebrarum who wrote (34590)5/22/2000 10:18:00 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 42523
 
Relax. They'll be down in the morning. The fools who bought today are in for one HELL of a case of buyers remorse, when they realize we've got a recession dead ahead.

BTW, this was a damn fine call, if I say so myself:
Message 13746389



To: pater tenebrarum who wrote (34590)5/22/2000 10:20:00 PM
From: Activatecard  Read Replies (2) | Respond to of 42523
 
From Mr. MOTTO

Gold or Stocks: Which Will It be?

Would you feel it more important that the U.S. sharemarket be supported, or that the price of gold be suppressed?

It's my opinion that a substantial rise in the U.S. dollar price of gold is the more important consequence for the current global establishment.

As I attempted to note a few weeks ago, the G-7 functionaries are very serious about this evolution. And what must they do in order to prevent loosing control of gold's market price via an inflationary epsisode and, quite possibly, a decline in the forex value of the U.S. dollar?

"Raise U.S. interest rates, and raise them aggressively as long as published statistics display inflationary circumstances that threaten a breakout in the price of gold.
Does all of this grow the U.S. monetary base at the same rate, or a lesser late? Lesser, of course. And, indeed, if it was loose monetary policy that's fueled the current stock bubble, the sharemarket will come down correspondingly.