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


To: The Street who wrote (28080)2/12/1999 2:12:00 PM
From: long-gone  Read Replies (1) | Respond to of 116753
 
Some thoughts:

We all know that Ex-President Bush is bothered by the (in?)actions of the Federal Reserve during
the last recession prior to the elections. We also understand that the Federal Reserve attempts to maintain the maintain the appearance of political neutrality. Could it be that Greenspan only added liquidity to the markets DUE to these desires for "neutral appearances" at the Federal Reserve and the economic problems in the rest of the world?

Now, that the Presidential problem is over and AG needs to allow the system revert to the normal
functioning of the economic cycle. A portion of that cycle is a commodity rally during inflation / reflation. He can now safely stop any further manipulation of the gold market and allow the precious metals rally we all know is coming. This inflation / reflation cycle has begun with a higher bond price.

The other shoe to drop from this is, Rubin may only have stayed on the job due to the "Clinton Problems" and now will also go.