Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Hawkmoon who wrote (6283)	6/13/1999 2:12:00 PM
From: Francis R. Biscan Jr.	Read Replies (1) of 81103

Good afternoon Ron, >>It's pretty clear to me Richard. The CB's are manipulating the gold market to the downside in order to correct their artificial support of gold for decades.<< How much gold did the CB's own before gold started it's climb from $35.00 oz. ?? I am trying to figure out just how much they had to do with the big rise, as my understanding was that investment demand was the biggest factor. >>They had to deflate the gold market gradually rather than letting it reflect a true market value.<< Is there not a natural supply deficit without CB sales ?? would not the true market value be higher ?? >>So is it manipulation?? You bet. Is it any worse than the manipulation that has artificially distorted the POG instead of letting it correct(crash?) naturally??<< I do not believe that gold was manipulated up, but rose due to heavy demand, which is quite different. Your thoughts..... Rich

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