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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (2690)	5/21/1999 4:46:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 17683

Do you actually think that anyone could really walk into the Treasury with $270US or so and request an ounce of Gold in exchange? The $, IMO, is backed by Greenspan, not by gold. And most of the time, I think I'd rather have Mr G. standing behind my money than something with limited intrinsic value. It's a good conductor but Cu is good enough for me. I don't value jewelry, but most of the rest of the world does. Ian.

To: Thomas M. who wrote (2690)	5/24/1999 4:03:00 PM
From: lazarre	Read Replies (1) \| Respond to of 17683

not directed at last poster..... just got home from work and tuned in to the day thru CNBC; even before i got home i knew it was going to be an afternoon of Ron Insana trapsing out the usual stable of bears that seem to only slither about in public when the market heads south. These guys are usually kept under deep cover when the market is climbing or hlding onto new highs. Just heard their other hysteric, Pisani, talk about Ralph A. coming out this morning with some kind of bearish prattle...and him the biggest equivicator in financial history. This is CNBC at its worst. But its worth repeating....on balance they are good. L