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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (21068)6/2/2004 2:10:39 PM
From: philv  Read Replies (1) of 80963
 
Yes I did like that one Searle. Bullshit has a lengthy history alright. "We feel that fundamentally Wall Street is sound, and that for people who can afford to pay for them outright, good stocks are cheap at these prices." - Goodbody and Company market-letter quoted in The New York Times, Friday, October 25, 1929"

Today's B.S.ers have learned to refine their ever-increasing sophisticated B.S. and have a world-wide audience. Just like before the crash of '29, few if any signs of trouble exist. The equity markets certainly don't predict it.

This "economic heart attack" could be a long way off still. Today's POG action again shows the strength of those in charge, and the utter weakness of the yellow metal. Interesting to observe the continual dominance of COMEX traders with regard to the POG. I get the distinct feeling that "they" can set the POG at whatever level they want.

kitco.com
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