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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Enigma who wrote (7621)9/4/1999 7:41:00 AM
From: sea_urchin  Read Replies (2) of 81234
 
No, I don't mean transfers between CBs. I mean sales into the market like Canada, Netherlands, Australia, UK have done and as mooted by IMF and Switzerland.

My sarcasm is a reflection on the undue emphasis on CB sales and lack of mention of increased gold mining production on POG. It is, in fact, surprising if not amazing that world gold mining production can rise every quarter despite the continuing fall in the price of the metal. In years gone by when POG fell gold miming production fell. That restored equilibrium into the supply/price mechanism. These days mining production continues to increase relentlessly but other factors are blamed for the fall in the gold price.

That's all I'm saying.
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