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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: goldsheet who wrote (7982)9/29/1999 7:26:00 AM
From: sea_urchin  Read Replies (1) of 81077
 
Thanks Bob. Saw that.

I'm just a little bit apprehensive about the dynamics behind the present gold price rise. What worries me is the cause is a technical factor (shorts being cornered) rather than genuine demand in the market. I am also concerned, now that the price has risen by at least $50, that short and long term selling by the mines etc will happen in a big way.

For these reasons, although POG could go ballistic in the near future, I'm not sure that the price rise will be long enough to significantly effect the producers (stocks).
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