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 (16566)	12/16/2002 2:38:28 PM
From: sea_urchin	Read Replies (2) of 81226

Gary >When do we break the camels back, or have we??? I presume, of course, that you are referring to the short-selling camel. All I can say is that that is a very peculiar camel, in fact, a very elusive one. Indeed, I am getting the impression that many stories we have heard about about the camel emanate from its rear end and bear no relation to reality. Why I say that is that the "arch-short-seller" by repute, namely JPM, seems completely unfazed by the rise in the gold price. quotes.ino.com If I remember correctly the idea was that, if POG went over $300, JPM would not be able to cover its shorts and would go insolvent, or something similar. That certainly doesn't seem to be happening.

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