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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (20891)5/7/2004 2:42:27 PM
From: philv  Read Replies (1) of 81145
 
Searle, I would wait a few days/weeks to see how this all settles out, you might get a different reading then. I am very suspicious about what the market is telling us right now, and everything could change quickly. The DOW has held up pretty good in face of all the inflation evidence while gold has collapsed. Gold tells one story while the market tells another?

I am equally suspicious about the jobs, and how sustainable they are. I am suspicious and wary, because of all the imbalances and bubbles which need to be corrected. What I don't know is the time frame. Something has to break, but when?

On a related subject, I observe how over time, sentiments and events which once affected equity markets, the price of gold etc. have been so dulled that they no longer seem to affect markets. Every suicide bomb once caused waves. And lately, all the shenanigans in Iraq, the torture of prisoners, the obvious on-going war and loss of life have no apparent affect. How quickly things change!
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