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

To: Edmund Lee who wrote (23230)	11/20/1998 10:35:00 PM
From: Terry Rose	Read Replies (1) \| Respond to of 116791

Edmund Lee, Strategic Investment had a lengthy article concerning probable market intervention by operatives within the Federal Reserve, Wall Street brokerage firms, and or Department of Treasury. The suspicious activity in S&P futures at the end of the day, trading prior to Clinton speeches on the economy, and the federal reserve surprise interest rate cut immediately prior to option expiration in October were discussed. If one accepts the premise that market manipulation continues then my question is for how much longer? I think it will continue at least until the Clinton impeachment hearings conclude since I believe that general support for Clinton's immoral behavior is people voting where their pocket book takes them. Therefore keeping the stock market at least at current levels is very important to Clinton while he is on the hot seat. Hopefully when the impeachment process finally ends the market manipulation will also. However if Greenspan and his Wall Street cronies choose afterwards to continue with their market manipulation after the political motivation is removed I think that two brewing storms will bury any further attempt to circumvent the markets. 1. Brazil's currency and market meltdown with an estimated time of arrival March 1999. 2. Year 2000 bug fallout concerns. What happens after the upcoming stock market correction? Since the stock market has been the recipient of massive inflation then the obvious result is deflation as the stock market implodes. Since gold may or may not follow the market down I am in the process of accumulating S&P leap puts with expiration 12-99 to cushion the blow if gold heads south also. The money made off the puts would then go into buying gold assets at discounted prices. Terry,