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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (5169)	4/8/1999 8:16:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 81170

Depends where in the cycle we are. Certainly from where we are now... Rate hikes=slowing of economic growth=curtails inflation=no chance for gold Rate cuts=fuels economic growth=promotes inflation=good for gold. Trouble is is that Greenspan seems to have repealed the commodity cycle or the longer term unwinding of commodity prices that increased in the eithties is still unwinding. Or the government is just lying to us about inflation and manipulating the price of gold. Take your choice. Jim