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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Tom Byron who wrote (9633)8/12/2000 5:38:10 AM
From: sea_urchin  Read Replies (2) of 81901
 
Guree : Interesting chart.

Seems like there was a big demand for gold at $260 and just the "normal" amount at $280 (demand virtually equal to the amount on offer).

I presume the conspiracy is something like this : Because the oil price is high, the demand for gold also has to be high (that's to hedge against inflation -- we were told that by the Canadian teacher). If the demand for gold is not high it must be because the Fed is keeping prospective buyers away from the auction. Therefore I forecast it will not be long before the conspiratorialists notice bully-boys and thugs outside the building where the auction takes place. These guys, whose job it is to frighten away prospective gold investors, are paid, of course, by Goldman Sachs who, as usual, are short 20,000 tonnes.
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