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To: Crimson Ghost who wrote (62457)1/4/2001 10:11:21 AM
From: Rarebird  Respond to of 116756
 
<Dollar getting trashed again today and POG down another buck.>

George, this is exactly what took place in the summer of 99 before the big rally in the fall.



To: Crimson Ghost who wrote (62457)1/4/2001 10:44:25 AM
From: m jensen  Respond to of 116756
 
>We need more than a crisis to move gold.<

Morning George, my thought is Greenspan is underwriting the next economic cycle not preventing a Recession. The reality of which should play out in the following couple months i would expect some wild rate cuts yet.



To: Crimson Ghost who wrote (62457)1/4/2001 11:16:37 AM
From: Richard Mazzarella  Respond to of 116756
 
George, <<need more than a crisis>> What gold really needs is a useful application where demand exceeds supply. All the gold as money bulls need to get over it, it is different this time. <VBG>



To: Crimson Ghost who wrote (62457)1/5/2001 1:29:09 PM
From: Bruce Robbins  Read Replies (1) | Respond to of 116756
 
Most people think that Greenspan does things to save the market. They are dead wrong. Greenspan doesn't give a chit about the market- he is a banker. Greenspan does things that are good for banks. When he made his move this week, people thought wrongly that he did it to save the market. He did it to save the banks (from defaulting). The fact that Al did something like this is completely out of character. It tells us that the banks are in trouble.