SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.99+0.3%Nov 11 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zardoz who wrote (73313)7/12/2001 11:20:41 AM
From: Ken Benes  Read Replies (3) of 116753
 
This adds something new to the market. With the central banks quietly purchasing gold when the price falls and selling with public declarations when the price rises, they can now create the illusion of persistent cb selling. They have joined Goldman and the other bullion bankers in keeping gold in a very tight trading range. Poor Richard may be waiting an awfully long time for the scheme to fall apart.

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext