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

To: long-gone who wrote (58781)9/24/2000 1:20:44 AM
From: marek_wojna  Read Replies (1) | Respond to of 116759
 
There was dozens of interventions in late 70's to support dollar.Only after Reagan got to the office and rates drastically went up $ regained position. Similar story with the oil.
Europe, Asia might have to reconsider rates if both oil&$
remain high



To: long-gone who wrote (58781)9/24/2000 3:35:14 AM
From: Rarebird  Read Replies (2) | Respond to of 116759
 
Not only are there business's shutting down because of high energy prices but many people are selling their homes because they cannot afford to pay their energy bills.

I know that doesn't qualify as a crisis for you, Richard; but it does for many.

I support Clinton's release of the Strategic Petroleum Reserves this past Friday.


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