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To: PaulM who wrote (33695)5/12/1999 6:36:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116791
 
I don't understand why people don't start asking how the US plans to pay off its huge trade deficit an directly question the central bankers about the huge risks in derivatives and ask them how the US will pay down the huge trade deficit ..or how will they be forced to pay it down..
don't understand why pro gold or fixed measurements don't start asking tough questions and demand answers.. and not even pay attention to
possibly manipulations..
put them on the coals and grill them :-)



To: PaulM who wrote (33695)5/12/1999 9:08:00 AM
From: long-gone  Respond to of 116791
 
<<As for what you said, yes, I agree, but I don't know that 6% specifically is the magic number. The problem for the shorts is that gold won't go much lower. Therefore, the game has reached its end. The outcome is not in doubt, but brace yourself for lots of "surprise" announcements as politicians try to stave off the inevitable. >>

Yes, that's what I'm guessing, you're right about "not much lower", just don't know how long it can stay here. the "surprise announcements" might just be damage control from here out ie an attempt limit upside. Might be around 6.2% long bond...