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

To: Hawkmoon who wrote (28754)	2/22/1999 9:06:00 AM
From: The Street	Read Replies (1) \| Respond to of 116837

<<<Sure Street.... But after I answer, I expect you to give me your opinion as well as to why gold is staying in the recent trading range between $280-$290. .......... But essentially, I think the Fed and ECB desire to keep the gold market in a trading range and long-term downtrend line for the purposes of demonetization. It does them no good to permit gold to plummet, which it might have already done were it not for the unique factors we have at work in the marketplace.<<< So, you are saying that people are still viewing gold as money. And that the Fed is trying to keep it down to keep the dollar strong in regards to gold-- and maybe even manipulating it to keep the dollar as the new gold standard in the world. That is also the same reason I think the price is holding-- and that price is w/o inflationary pressures. I am glad we agree......