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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Hawkmoon who wrote (6482)6/17/1999 7:18:00 AM
From: Mark Bartlett  Read Replies (1) of 81996
 
Ron,

<<Somehow I feel like I'm the one being persecuted here. I'm not telling anyone not to buy gold. I'm just voicing the other side which so many folks like Bill Murphy, DoubleD, and Richard seem not to want to be discussed.>>

We have heard your argument - the same one - for months now. You are free to express it - but you dominate the board with the same words time and time again ... we are sick of listening to it.

The crux of our 2 sides is as follows - we have different opinions about what gold is, what it represents and what its potential value is.
Often they are based on emotion and psychology, not just pure logic. That is valid ... the market now is nothing but psychology and emotion.

Asking us to explain why and when gold will go up is a waste of time. It will go up when the psychology and the emotion are on its side ....... that may be tomorrow, next year or perhaps never.

Finally - we are not on a gold standard as you well know. Do we have to be, for gold to be a safe haven in times of financial turmoil - IMO no. 1979-1980 answered that question.

Have a good day,

MB
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