Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: goldsheet who wrote (8927)	3/3/2000 1:41:00 PM
From: sea_urchin	Read Replies (3) of 81145

Bob : Indeed. The URL, you cite, is quite familiar to me. The Rand graph is very interesting at the moment. Today the rand fell from 6.3 to 6.46 to the $US. The chart shows that the value has now fallen into new low territory and, after a longish period of consolidation, this presages a continued fall in the weeks/months ahead. In fact, in tonight's paper the governor of the SAf Reserve Bank, Tito Mboweni, said that falls in the rand, up to now, have been "chicken-feed"! And, folks in the US worry about the dollar not being backed with gold! In SAf, clearly we have a currency that's backed with chicken droppings!

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