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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (12630)	3/18/2008 4:50:01 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 29622

On the BSC news and in particular the gubmint's reaction to it. Then on the PPI. Then on the FOMC ("inflation's starting to be a problem, so we'll only cut 75 bps....") ROTFLMAO! We'll know soon, but I think this is a gift.

To: TH who wrote (12630)	3/18/2008 5:23:47 PM
From: WalterWhite	Read Replies (1) \| Respond to of 29622

TH - why must "they" stop the POG? Who are "they" in your view? I see the POG as just another currency, as the Swiss Franc is. If the POG goes up, this does not impact the terms of trade vis-a-vis other currencies such as the Euro. Any price appreciation in the POG is more symbolic of problems in the USD fiat, but really does not tell the world anything we didn't already know. Perhaps the POG can be viewed as a scorecard on how well or not USA Inc is doing. Are not the RMB/USD, Y/USD, and Euro/USD rates of exchange the ones to worry about? Appreciate your posts a great deal. Humbly Globe

To: TH who wrote (12630)	3/18/2008 6:42:23 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 29622

I don't think they really care about stopping gold, they just like to put on a show during CPI or Fed meeting times. Otherwise looks like they have other more pressing things on their plate. Right now gold is to a certain extent the Fed's friend in showing that enough liquidity in the market (whether true or not remains to be seen). If we had falling gold in this environment I'm guessing we'd hear some whispers of deflation among the traders. Either way I just don't think it's that important overall compared to the Dollar, banks and other base commodities. Agree today was intervention and I held as well. Shouldn't last but a few more days at most.