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


To: long-gone who wrote (27009)1/25/1999 6:30:00 PM
From: long-gone  Read Replies (1) | Respond to of 116760
 
<<Don't you think this is kind of silly? You make a bad investment and now you
want to sue the federal government? >>
Jim,
Even if it had just been a "simple bad bet" on our part, one can not forgive that the Fed has allowed(written in) profits for their friends at LTCM.
Agree?



To: long-gone who wrote (27009)1/25/1999 10:13:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116760
 
Richard,

I agree that there is a conspiracy to prevent gold from competing with the dollar.

But don't feel so bad about gold... Y2K sector stocks are getting hammered as well with KEA being the most recent victim of an analyst downgrade. I was forced by trading discipline to sell my TAVA today, a very interesting and undervalued (IMO), Y2K stock, because it tracks KEA.

I also suggest that there is a scheme to pummel and keep the lid on Y2K stocks.

All for the purpose of preventing panic and declining confidence in the system until we know more about what Y2K will bring next winter.

So I say.. why fight the trend. I'm playing a few beaten up I-net stocks and a netbox manufacturer that few people know about, but are soon to discover.

And hopefully, I'll the opportunity to turn some of those proceeds eventually into more defensive issues and cash, including gold should the lid pop off.

Regards,

Ron