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


To: Bucky Katt who wrote (3060)11/12/1997 7:29:00 AM
From: Mark Bartlett  Read Replies (3) | Respond to of 116857
 
William,

<<<<Wonder if Central bankers are worried about more bank runs and don't want people to buy gold but invest in "safe" US treasuries.>>
That's it in one sentence.>>

Yep .... a flight to something other than US treasuries would be disaster for the market .... it would show a complete lack of confidence. Hong Kong and Japan tanked last night .... North American markets should open weaker ..... if they do not - the manipualtion of the "free market" will reach new heights.

Lesson to be learned - you can not inflate your way out of debt.

Should they lose their grip on gold .... look out.

MB