Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Bill Murphy who wrote (1492)	10/10/1998 1:29:00 PM
From: m.philli	Read Replies (1) of 81168

Bill, since there appears to be a conspiracy to keep gold down, how about the other side of the trade? How much money would be required to buy all the physical gold there is? If someone was willing to buy until the price run up to ,say, 400 and maintain that as a bottom, how much money are we talking? How much money can you borrow on a 300 dollar ounce of gold. I know this may seem like a joke, but somebody must have run it through the computer and come up with a number, be interested to hear what you think , with or without leverage, what the numbers are. The numbers I have seen for LTCM appear to be in the ball park for all the monetary gold above ground. Maybe we can invest in a hedge fund willing to take the "other side". Thankyou for your patience throughout all my ponderings

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