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


To: The Street who wrote (85818)5/25/2002 11:55:01 AM
From: long-gone  Respond to of 116821
 
<<Uh, FDR banned gold in time of crisis- just think>>

Just think, FDR was perhaps the most liberal US President prior to 1970 & he had a very liberal economic team. Can the same be said about Bush?
Robert Hubbard - American Enterprise Institute
aei.org
the rest of the team:
usinfo.state.gov

Not a "Liberal" in the bunch & none of this tripe about "Sell gold bullion save the environment".



To: The Street who wrote (85818)5/25/2002 10:03:18 PM
From: marek_wojna  Read Replies (2) | Respond to of 116821
 
Do you think US is powerful enough to ban it worldwide? What if other nations (Arabs would be enough for now) demanded payments in gold for their products like oil. According to SI todays front page there is over two trillions dollars sitting on the side where nervous investors don't know what to do with them and where to invest. The amount is twice as big as the value of the gold mined in all our history.



To: The Street who wrote (85818)5/28/2002 3:54:01 PM
From: long-gone  Read Replies (2) | Respond to of 116821
 
OK, we find out tomorrow, or perhaps the next day. We know(or at least suspect strongly) there are(were?) those which take a hit with gold price +$330 US. One perhaps two days good moves & price passes the witching point & we may learn more about the shorts, the resistance, President Bush & his economic team.

I'm betting he'll do the right thing.