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To: Crimson Ghost who wrote (68947)5/9/2001 3:04:28 PM
From: long-gone  Respond to of 116756
 
Anyone else notice how CNBC didn't mention ECO profit?



To: Crimson Ghost who wrote (68947)5/9/2001 3:24:00 PM
From: studdog  Read Replies (1) | Respond to of 116756
 
George,
Today's rally suggests that Greenspan is screwed. As you have pointed out, XAU is a leading indicator for POG. Hence, big rise in XAU means future big rise in POG, which in Greenspan's world, signals big rise in inflation.

No more easy money.

Karl