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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Hoa Hao who wrote (8103)10/7/1999 11:58:00 PM
From: Hawkmoon  Read Replies (3) of 81102
 
Hoa Hao..

Maybe they should sue the European bankers for market manipulation.

First they manipulate the market down by announcing gold sales... then they SUDDENLY rescind that decision and cut off gold leasing..

Sounds to me like they have a case... they could REALLY create a stink and a crisis in the worldwide gold derivative markets by defaulting on their hedging contracts.

Could even set a precedent for any instance when a CB or governmental decision suddenly creates chaos in ANY market.

Heck,... maybe folks could sue Iraq for any losses they suffered when Saddam invaded Kuwait and sent oil prices shooting through the roof.

Wouldn't that be interesting??

Regards,

Ron
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