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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (185)	6/30/2000 10:24:37 PM
From: wdlngduc	Read Replies (1) \| Respond to of 494

Wish somebody was tinkering with Gold. Alan Greenspan is scared to death of gold. Clinton ignores it; Rubin doesn't care either, since he's not at the Treasury any longer, Summers is. The only players in the gold market are mining companies, who short the board as a hedge, and large Central Banks who have vaults filled with the stuff and who sell leases so they can cover the cost of storage. Once upon a time, gold meant something, but even inflation threats don't budge the market very much these days. Gold used to be fun. Nobody under the age of twenty-five remembers the days of $800.00 per ounce gold; coupled with doomsayers publishing books warning about the collapse of Western civilization as we knew it! Ah, those were the days!