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 (20923)5/10/2004 8:02:01 PM
From: Raymond Duray  Read Replies (1) of 81128
 
philv,

Re: it just seems so easy to control the price of gold.

One think I know for certain. The price of gold is a total artificiality. It is propped up when the world's central banks decide to slow their dumping of their reserves. They can turn on a dime (so to speak) and jack the price up or down at will to satisfy their monetary policy needs.

Basically, gold is the tail of the monetary dog. You can expect a lot of wags, but not much leadership.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News