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To: Terry Rose who wrote (22079)10/21/1998 2:39:00 PM
From: long-gone  Respond to of 116762
 
Terry, then if you agree that there is gold market manipulation, please write Congress! Do not let me stand alone.
rh



To: Terry Rose who wrote (22079)10/21/1998 4:00:00 PM
From: Enigma  Respond to of 116762
 
Terry - I agree completely - just that I think the idea of abolishing all government is Wacko (do forgive the pun) - and quixotic - and that includes abolishing the Fed - even if they have acted in this malipulative way - did you read the current Sceptical Investor article? E



To: Terry Rose who wrote (22079)10/21/1998 7:56:00 PM
From: Sleeperz  Respond to of 116762
 
But with a lot of companies (Brokers, banks, OIl, High Tech, etc) laying off a few thousand here and there that are well paying jobs, even if interest rates are lowered. Who is left to buy any high priced goods to give a boost to the economy. Everyone will be buying KD.
There are no new high paying jobs create to add on to the current buying to replace the lost buying power.

It was reported on CNBC a while back that the wait for Mercedes Benz
has went from several months to you can have it now.

CL

>>> enigma, Lowering interest rates to help prevent a recession or provide liquidity during a credit crisis is an option of a Central Bank. When the announcement of an interest rate change is made right before options are about to expire and other markets are closed (bond and gold markets) then manipulation and resulting ethical behavior becomes an issue.<<<