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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.30-0.5%Dec 12 4:00 PM EST
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To: E. Charters who wrote (83717)3/25/2002 10:09:02 AM
From: Richnorth  Read Replies (1) of 116814
 
There is much truth in the saying that

"the threat to execute a deed is worse than the actual execution of it." (here, threat precedes execution.)

But in the sale of gold by the central banks, the threat comes only after the sale of the gold.

However, the sellers get double mileage by issuing the threat after the executing the sale.

And this is because the sale of gold on the quiet (= "unknown" supplies) depresses the pog, and when the pog rises again, it gets slammed by the (empty) threat to sell the (non-existent) gold. Brilliant!!!
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