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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Alan Whirlwind who wrote (14471)6/22/2002 2:04:53 AM
From: ubetcha  Read Replies (2) of 80920
 
Alan, Welcome back to the battle. Have been carrying on with out you with limited success. Tried to retake hill 325, but missed it by a 1/10 foot. Will have to try again next week. As far as month end killing gold, do not think it will happen. The $ took to big a hit Friday. The fight against gold going up is becoming more difficult with more fronts being created.
1. Gold is creeping ever upwards.
2. The markets have had three bloody days, and attempts to get them to fly have been have been met with ill winds.
3. The trade deficit is getting to the point of being ridiculous. The dollar really is making it difficult to swallow taking it as trade for goods. This may turn into a free fall that cannot be stopped.
4. The government is running out of money.
5. The American people are running out of money. The only bubble left is the price of homes, and they are already financed at 125% of value. If this bubble breads, Alan could have the big one.

Even Allen can not print enough to get us out of this mess. Of course we will soon be receiving purple $20's that will help us to spend more. It will look more like funny money. There go the good old greenbacks.

Interesting day Friday. Gold goes up, and gold stocks go down. This usually means down pressure on gold to follow, but I do not think this time. Next week may be worth waiting for.

GO GOLD!!

Terry
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