Dutch Central Bank Sale Announcement Imminent? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: skelly who wrote (1418)	10/7/1998 9:15:00 PM
From: Bill Murphy	Read Replies (1) of 81169

Skelly, That is a very good question. I do not have a detailed answer except to say that the various governments of the world saw fit to do something to take care of the Long Term capital problem. There are all kinds of behind the scenes ways to have their own quid pro quo. The bottom line for all appears to be: we have to do this or it will be a financial nightmare for all concerned. Therefore, you dump your gold here so Long Term Capital can cool it and we will do this for you. Common sense really. This sort of maneuver will never show up anywhere except in the books. Yet, I will contradict myself. The gold sale itself should show up at some time in the future - so my thinking here on this one should be exposed. bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next