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

To: Alex who wrote (25614)	1/7/1999 6:34:00 PM
From: Richnorth	Respond to of 116762

Thanks, Alex. Wayne Angell (sp), a former Feds governor, (sorry, I can't recall which Admin) has opined in Barrons in 1996 that the Feds, by a judicious manipulation of the money supply, interest rates and whatnot to maintain equilibrium in the economy and in the market place, can succeed in keeping the POG at ~$300, and the Feds can then go about their merry way with the fiat money. This, I believe has given rise to the notion that from henceforth, gold is a barbaric relic of the past, that times and things are achanging etc. Interesting, isn't it?