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

To: Zardoz who wrote (16805)	8/28/1998 9:50:00 AM
From: Little Joe	Read Replies (2) \| Respond to of 116815

If the Fed is increasing the money supply (M2) why is the value of the dollar going up. It doesn't make sense to me. If there are more dollars they should be worth less not more. This is to me, the great mystery. Could it be that up to now all of that excess money has gone into the stock market and what we have seen is securities inflation? Live long and prosper, Little joe

To: Zardoz who wrote (16805)	8/28/1998 1:19:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116815

What did they say, I was at an interview. Don't bother looking up the old post. And as to deflation,gold price, and the Fed. I suspect Greenspan(but only him) would rather see up all invest in bullion than in overpriced(?) stock. Though there are beggining to be a few issues(other than metal) out there I could(almost) look at. No, they will not drop, not now, that would just pump money back into the market. What they need to do is increase margin requirements - by a bunch! and print $$$ but increase interest rates. rh