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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Bill Murphy who wrote (1710)10/20/1998 7:59:00 PM
From: Crimson Ghost  Read Replies (2) of 81690
 
Bill: I continue to be amazed at the stupidity of today's gold bears. Note I said today's gold bears, not yesterday's gold bears who were right on the money. How anybody with a smattering of economic knowledge could remain strategically bearish with gold as cheap as it is and the Fed slashing short-term rates amazes me.

If the Fed continues to cut aggressively gold will blow through $300 before long, no matter how much the CBs sell or lease. Just a matter of time.
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