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

To: d:oug who wrote (86635)	6/8/2002 8:38:07 AM
From: Zardoz	Read Replies (3) \| Respond to of 116834

I don't post on moderated threads.

To: d:oug who wrote (86635)	6/8/2002 10:38:28 AM
From: long-gone	Respond to of 116834

<<Posting privileges denied for E. Charters (or) . Put back the News in Gold Price Monitor.>> You don't have the right to allow or deny! This is not a moderated thread! You deny my posting rights strictly because I detest your inability to find anything other than GATA which impacts gold. Why do you deny the the impact of scio-political matters impact on the PoG? The pending war in India is the #1 driving force in gold today! What about my may posts about the new folks now sitting on the Fed. Board? Did they go over your head?

To: d:oug who wrote (86635)	6/8/2002 11:00:50 AM
From: long-gone	Respond to of 116834

What's the deal, you didn't know money supply impacts PoG? Bank of Canada, chartered banks raise interest rates Tue Jun 4,11:40 AM ET OTTAWA - The Bank of Canada boosted its key interest rate by a quarter-point Tuesday and warned that further rate hikes are coming. The increase, which was widely expected by markets, raises the central bank's key overnight rate to 2.50 percent. The central bank increase also bumps up the bank rate, which rises to 2.75 percent. With the Canadian economy growing at a much faster rate than expected, borrowing costs will continue to rise to head off inflation, the central bank said in a statement. "With the economy showing strong momentum ... the bank will take the action necessary to keep inflation at its two percent target over the medium term." Inflation doesn't look to be a problem yet. The core rate, which excludes volatile food and energy costs and is most closely watched by policy makers, was 2.2 percent in April, the latest data available. After cutting rates 10 times during the last 16 months to keep a struggling economy growing, the bank reversed direction in April. It began to unwind some of those rate cuts, made in concert with deep cuts in U.S. policy rates, by slowly increasing borrowing costs(cont) story.news.yahoo.com