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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Crimson Ghost who wrote (7663)9/5/1999 11:00:00 AM
From: Enigma  Read Replies (1) of 81247
 
But the bears are wrong of course - you don't have to be a bull or 'goldbug' to understand that - they are wrong because gold is overwhelmingly the largest reserve asset. And I have never bought into the idea that the CBs are trying to get rid of their gold - some of the weak sisters have been sellers but they are in the very small minority - bit players really - the only exception being the B of E - and they are playing a dicey game IMO and time will tell. The IMF sales seem to be off and the Swiss - who knows? The spotlight is on them now. But if you look at the big picture you don't see evidence of a mass exodus from gold. But why let the facts get in the way of an opinion?
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