Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Alex who wrote (596)	8/13/1998 5:01:00 PM
From: Bill Murphy	Read Replies (2) of 81010

Alex, All of that is good for gold in the future. I hope she is right. I have been saying Yen 125 before Yen 150 and have come close to being wrong here. Could be a major league double bottom for the Yen. Good action against the hysterical noise. Her analysis of the economies is good for coming gold demand. If the central bank selling, that we have heard through our sources has been hitting the market ends( as we think it will soon ), we could have a massive rally. Ted Arnold's camp ( Merrill analyst who is looking for a gold price of $200 to $300 per oz. over the next 5 years ) may be in for a surprise. To his credit, he has been dead on the past couple of years. My guess is that he will overstay his welcome at the party. Thanks for the Cohen update. Bill

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