Dutch Central Bank Sale Announcement Imminent? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alan Whirlwind who wrote (11216)	5/29/2001 4:56:01 PM
From: sea_urchin	Read Replies (1) of 81678

Alan: I found these bits very interesting (and reassuring): "Harmony CEO Bernard Swanepoel says the latest gold price jump is also linked to a shortage of the metal, as indicated by rising gold lease rates, which have increased the risk of selling gold forward. "There's a liquidity squeeze in the gold market. The sales programme by the world's central banks has been fully discounted by the market and the banks are not making more gold available for lending as they are sticking to the terms of the Washington Accord." "Durban Deep chairman Mark Wellesley-Wood .... says what's happening now is not just a technical rally but a "seminal shift" in the gold market. Edwards says the gold price spike is part of a rising trend for gold in the medium term."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next