GOLD-XAU Message Board - Msg: 3064510

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Gold/Mining/Energy : GOLD-XAU

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To: philv who wrote (924)	12/31/1997 1:25:00 AM
From: Jaakko	Read Replies (2) of 1756

Good reasoning philv.... some answers might be as follows: 1) Objective might be by "the manipulator" to win the ULTIMATE game. Drive down the price first using derivatives. As POG goes down PHYSICAL gold is bought and put away. NOBODY HAS YET ANSWERED THE BIG QUESTION: HOW DO YOU RECONCILE 30 TO 40 MILLION OUNZES OF GOLD BEING TRADED daily ON THE LONDON MARKET ALONE WITH THE TOTAL GOLD HELD BY THE CENTRAL BANKS I.E. 28,OOO TONS.....WHO IS BUYING ALL THIS GOLD???? 2) Rothchilds might be behind all of this and maybe no conspiracy by CB's. 3) Please note that CB ANNOUNCEMENTS moved the POG lower rather than the SALES themselves and the Swiss haven't even sold yet and may not sell at all! It is the most DAMAGING TIMING of the CB announcements that deserves them being blamed of manipulation. 4) Canada, Australia and Belgium did NOT sell ALL their gold. They can still interfere in the market by selling or LENDING to immediate sellers. 5) The gold market is largely a SECRETIVE market. There is no stament of the short position at any given time of any participant...it's as if CB's wanted it that way!!!?? This could lead to a number of thoughts.... 6) Why are you defending Central Banks?...just curious...

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