Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Gary H who wrote (16475)	12/12/2002 8:24:15 AM
From: sea_urchin	Read Replies (3) of 80957

Gary, interesting how negative, or is it cautious, all those "experts" are. They all say POG will go above $330 but then we can expect selling and short selling which will drive the price down again. It seems those guys see only what's in front of their noses --- maybe. They certainly have no long-term perspective. 1. On this 20 year chart POG has broken out of its long resistance line which is very bullish in the long-term. See also the resistance trend on the RSI chart. bigcharts.marketwatch.com 2.If XAU gets above 90, as I think you are forecasting, then there's no reason why it should not reach its previous high at 150, or even exceed it (because the recent low was below previous lows). goldsheetlinks.com 3. I have previously shown you the historical chart of Dow/POG which shows a very sharp decline which indicates a fall in the Dow and/or an increase in the POG. In fact, on the basis of historic "lows" I anticipate that we could see a Dow/POG ratio of 10 ore less before the "party" is over. sharelynx.net

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