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

To: Lucky Lady who wrote (1379)	7/9/1998 10:45:00 PM
From: ahhaha	Respond to of 1911

He doesn't believe that so much anymore. When you join up with government, no matter how strongly you may believe to the contrary, you suddenly change spots and act like all public servants. As soon as you take the mantle of government, you start believing in the state. It's your job to do so. To a certain extent that's what happened to Greenspan. He has compromised because he believes that an ardent defense of simple principle will co-opt the end he seeks. The evidence of the change was most notable when he did the backtrack on earlier claims that the Central Bank has one objective: 0 inflation. Now there are other imperatives which require a modification of purity so that now you get the view that the objective is the lowest inflation permitting prosperity. It is this slow compromise that writes the epitaph of vigilance and Central Bank discipline. Every FED has gone through the process. There is always a reason why concessions to evil must be made. Greenspan's will be the torch to Rivlin. That ought to be worth a one day $20 rise in gold.