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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Crimson Ghost who wrote (1340)10/4/1998 3:39:00 PM
From: Bobby Yellin  Read Replies (1) of 81614
 
Hi George:
at this juncture in the market,that could also be bullish for gold..
now paper is looking more and more like funny money because of the huge leverage ability of ltcm,the transparency now that a small group of financial zoombies have more power than possibly the group of seven and the most important event of all..confidence shattering lack of move by the now undependable governments not doing their thing by bailing out financial types ie those who invested big bucks in Russia.
possibly now news of sales will have a bullish spin since now there are fewer games in town and the more they sell,the less they will have to threaten with..ps haven't read anywhere where Rubin has changed his policy about not selling any gold..wouldn't IMF need Rubin's approval?
(the trend appears now to be our friend..and possibly funds' friend also..at this point in the game the Cbers shenigans will have zilch effect)
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