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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Bill Murphy who wrote (6223)6/9/1999 9:07:00 PM
From: ForYourEyesOnly  Read Replies (2) of 81101
 
"Rumors are now getting closer to certainty as it is now widely discussed in
the trade that the huge amount of selling being done by the NY Bullion
Banks is on behalf of a Central Bank trying to beat the Brits out of the
door. Owing to the nature of the selling, and the disconcerting stability
of current lease rates, and the large sizes involved, it would seem to make
sense. It is my opinion that if the current thrashing of gold was due to
speculative selling only, the market would have seen some short covering
rallies."

From LFG
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