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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (1202)	6/23/1998 3:21:00 PM
From: Ray Hughes	Read Replies (1) \| Respond to of 1911

Darleen, Please show me a banker with compassion. Their only compassion is for loan originations, assets performance and profits. Otherwise there'd be no more Harlems or Watts or Detroits. Figure out someone's self-interest and you will be able to predict a (rational ) person's future actions. US Federal Reserve is PRIVATELY owned by the US National Banks. Fed's rational action will be to foster actions to rescue loan portfolios of US and associated banks. Big banks control economy - that controls votes. US Govt. will do as dictated. Banks don't want people abandoning currencies in favour of gold, especially in times of crises. So, if that means trading a little gold on the short side....done. RH