Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: goldsnow who wrote (4342)	12/16/1997 5:58:00 PM
From: Bobby Yellin	Read Replies (4) \| Respond to of 116753

question: do you really think clinton was lucky to preside over this expansion..or was it Rubin's knowledge of how the market works or Greenspan also being in the right time at the right place? In other words can policy really sustain economic recoveries or it is just a natural cycle where there was a huge pent up demand after a very long lull and because people were terrified of losing their jobs..they were more concerned with paying off debt and not spending in case they were laid off..(rather than Greenspan's moves etc) I know you have to guess..my premise was that all the natural disasters in the USA helped kickstart the economy with insurance companies having to pay out..I haven't been a student in these matters very long(as if I had to tell you :>)The lowering of interest rates at first seemed like pushing on a string because the banks first wanted to bail themselves out..rather than loan any money.. That is why I truly am curious if you don't mind expanding a bit.. I am also looking for thoughts to help form a picture of if we are playing musical chairs and can switch sectors as in countries rather than as in industries..ie..and totally skip a gold cycle..(sob) ..or just have a gold cycle from supply/demand inbalance but avoid global economic castrophe..(unless YR2000 does it inspite of everybody)bobby