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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: Casaubon who wrote (67679)1/25/2001 11:16:39 PM
From: Square_Dealings  Read Replies (1) of 99985
 
"Gold just just keeps the diggers busy."

It keeps the Central Banks and dealers busy selling it off and selling short to raise money to dump into stocks/bonds. Gold has become a source of cheap money for banks, but theres a problem when Greenspans credit bubble gets burst, its all got to be repaid. Several years of production short in gold bullion according to some reports.

M.
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