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


To: Crimson Ghost who wrote (5150)1/3/1998 3:29:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116753
 
"that Greenspan takes his orders from Bob Rubin, and Rubin is urging him to cut rates."

And Rubin has to listen to Mr. Yen, and I do not think he wants a surprise
I strongly second George in this opinion we will see cut in next two 1/4...but it would not help!



To: Crimson Ghost who wrote (5150)1/3/1998 3:50:00 PM
From: Eashoa' M'sheekha  Respond to of 116753
 
George And All.

This weekend's Financial Post(Canada) has this to say about the
outlook for gold,copper,etc. for 1998.Lots of other stuff too.Enjoy.

canoe.ca

Taurus



To: Crimson Ghost who wrote (5150)1/3/1998 4:48:00 PM
From: PaulM  Respond to of 116753
 
George a prophet?

"Greenspan Says Fed may have to Combat Falling Prices"

bloomberg.com

Also in this issue, Soros to meet S. Korean President.

Personally, I think "deflation" in the sense of falling prices will, for most goods, never exist. Because of the amount of paper out there.

My crystal ball shows lots of paper ("inflation") and lots of bad paper ("deflation").



To: Crimson Ghost who wrote (5150)1/3/1998 5:51:00 PM
From: Bill Grant  Respond to of 116753
 
George and Tom,

I think the strong growth in M3 in recent months supports the likeihood of a rate cut by indicating that deflation is the immediate threat to be dealt with. In my judgment, the $US will be brought down in the months ahead. With the prospect of inflation further out, the CBs may see fit to let gold take its expected move upward.

Bill