InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,880.22
(
-1.16%
)
US TECH 100
19,987.40
(
-1.77%
)
Dow Jones
43,452.49
(
-0.68%
)
Brent Oil
71.75
(
-0.64%
)
Bitcoin
87,970.66
(
0.73%
)
Post# of 704019
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Ace Hanlon

Send PM Follow Ignore
Followers 104
Posts 7817
Boards Moderated 0
Alias Born 07/07/2002

Ace Hanlon

Member Level

Re: Lane Hall-Witt post# 42758

Wednesday, 11/06/2002 7:17:15 PM

Wednesday, November 06, 2002 7:17:15 PM

Post# of 704019
Steve Roach argued recently that the Fed should slash rates primariy to weaken the dollar which he sees as the key to restarting the global economy. If that is the real reason for the cut, it is EXTREMELY BULLISH for gold since the powers that be probably will not attempt to fight the gold bull under these circumstances until the price rises considerably above current levels.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up