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To: The Ox who wrote (74186)	9/22/2000 9:52:48 AM
From: Roebear	Respond to of 95453

Michael, You beat me to the intervention post, keep up the good work! Don Sew may have a handle on it: Message 14433262 Best Roebear

To: The Ox who wrote (74186)	9/22/2000 10:09:17 AM
From: Archie Meeties	Read Replies (1) \| Respond to of 95453

Maybe. But gold responds to volatility and chaos - not the coordinated actions of CB's. The FED knows that a little dollar selling/euro buying would give gold a small push, and I don't think they are too concerned about it precipitating an exodus from uds to gold. If anything it reinforces the idea that fiat can maintain its value through CB intervention - an intervention which depends on fiat, not a hard asset! That said, lease rates have been moving up nicely. If that continues it is inevitable that gold will rise.

To: The Ox who wrote (74186)	9/22/2000 10:17:35 AM
From: isopatch	Read Replies (2) \| Respond to of 95453

Mike. This last item in your post bring up an interesting scenario. Dallas--Sept. 21--Dallas Federal Reserve Bank President Robert McTeer on Thursday said the balance of risks were still tilted toward higher U.S. inflation and said he sees the risk of a hard landing scenario for the U.S. economy as "pretty low." ( Story .21082 ) What if McTeer is right. We ARE getting a good correction in here but I can see us coming right back out of it. Yes, we get a significant pick up in inflation but how about if it DOESN'T derail the economy YET. So the precious metals stocks just join the parade of Boom 2000. But we DON'T get a crash or meltdown. At least not yet. Isopatch