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

To: donald martin who wrote (26883)	1/23/1999 11:55:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 116871

Donald, A curious note. I was watching CNBC the other day and saw that the FED had been draining liquidity from the market. IOW, they were buying up Gov't bonds and removing money supply from the system. Not quite the act of an institution planning on devaluing the dollar by 15%. Watch those little comments. They're important. When the Fed drains liquidity, it means an attempt to strengthen the dollar, to the detriment of gold and other currencies. Regards, Ron