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To: LLCF who wrote (81594)3/16/2001 2:11:00 PM
From: steve susko  Read Replies (1) | Respond to of 436258
 
gold getting rusty? continue its downtrend ....



To: LLCF who wrote (81594)3/16/2001 2:13:28 PM
From: Ilaine  Read Replies (2) | Respond to of 436258
 
Because of deflation, after the Great Crash the nominal interest rates even after the cuts were higher than real interest rates.



To: LLCF who wrote (81594)3/16/2001 2:16:54 PM
From: Ilaine  Read Replies (2) | Respond to of 436258
 
Anyway interest rates don't seem to have been the real problem, IMO, it was lack of liquidity.



To: LLCF who wrote (81594)3/16/2001 2:54:59 PM
From: ahhaha  Read Replies (2) | Respond to of 436258
 
The fed cut rates quickly and deeply in 30-31

False.