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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.23+1.9%Jan 12 4:00 PM EST

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To: TobagoJack who wrote (47109)3/5/2009 12:03:23 AM
From: TobagoJack2 Recommendations  Read Replies (1) of 219299
 
just in in-tray, interesting quip-fwiw-

On that note, veteran Café members will remember Neal Ryan (had not heard from him in 6 months or more) who spearheaded the Blanchard & Co. lawsuit against Barrick and JP Morgan. He just checked in with CP and me this morning. Forget the mental midget, Muppet gold commentary. This is the real deal and the main reason for gold’s $100+ price drop…

Gents, hope all is well on your end. I must profess that I haven't kept track of things in the metals markets much recently, but did some quick work for a friend who was looking to invest and asked about bank selling. Just an FYI since I was trying to explain to him why when central bank activity ramps up it's the time to buy....Euro CB's have dumped over 220 tonnes of gold on the market in the last 3 weeks...ie. they've met nearly half their yearly selling quota in 3 weeks. Hadn't seen anybody mentioned anything like that in any news lately, though hadn't been looking either. It's always the interesting stuff that no one in the mainstream media seems to notice. keep up the good fight! Neal

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