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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (121052)9/12/2001 1:02:41 PM
From: John Graybill  Read Replies (3) of 436258
 
You don't even have to read between the lines on the BOE of sale (now completed @ many-times-oversubscribed as usual) to see that keeping gold down is an end unto itself. They pretty much just say it:

"Bullion dealers have said it'd be a disaster if the BOE auction was canceled, said John Mesrobian, president of Constantinople Advisors, noting that prices for gold would go up even higher"

My question is: "...and this is a disaster because...?"

marketwatch.com
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