Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Zardoz who wrote (1401)	10/7/1998 5:52:00 PM
From: Broken_Clock	Read Replies (1) of 81502

Hutch...I believe the xau hit 50 because the perception was the US$ going to 200 yen/dollar. I try to check out Kaplan every day. When the xau hit 50, commercials vs. specs on the dollar/yen hit an incredible lopsided ratio(commercials long, specs short). Kaplan was screaming buy yen & gold. Well, we now know what happened. $ crashed thru major trend line support, gold soared, xau closed on the high today at 86+. Gold has broken through the trendline resistance dating back to the 1996 high. The trend is your friend.

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