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.
Politics : Dutch Central Bank Sale Announcement Imminent?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: philv who wrote (19237)10/8/2003 9:27:45 AM
From: sea_urchin  Read Replies (1) of 81972
 
Phil > Gold up......reluctantly

Why? A greater demand for jewelry?!

To me a more likely scenario is that the long contracts on gold expire and, with that, POG falls. At the moment I sense a running out of steam.

Definitely if the USD stabilizes the game will move elsewhere and people will lose interest in gold. The price will fall and the game will start again in a year or two with some new stories and scare tactics.

But the bottom line is whether the boyz feel they have squeezed enough out of the goldbugs this time round --- and it's my feeling they have. After all, they don't want to kill the bugs, merely squeeze the juice out of them. And, of course, the longer they can keep $400 as the elusive target to untold riches, the more bugs they catch.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News