Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Crimson Ghost who wrote (178)	6/17/1998 10:00:00 AM
From: Bill Murphy	Read Replies (2) of 81105

Thank you George. I hope it will translate to gold. Usually bears sell gold on rallies on outside events.$294 ( basis Aug ) place to sell and they ( Ted Arnold, Merrill crowd ) did. A move now above $294r should send the hedge funds and computer shorts running for the hills. If the Dutch are done or have very little gold left to sell, it will be hard for the OTC shorts and 65,000 spec shorts to cover as the normal CB supply that is fed into spec short covering rallies will have evaporated. Bill

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