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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Sam who wrote (1781)10/23/1998 8:24:00 PM
From: sea_urchin  Read Replies (1) of 81108
 
Sam : If they cut rates by 0.5 - 1% it should tickle the gorilla's behind.

That 600lb gorilla enables the money printers to print without attracting the attention of the wise-guys who would start shouting about inflation if the POG went above $300.

Meanwhile, as I mentioned to Hutch, the apparent bottoming and upturn in the CRB must be a signal for the gorilla to move off pretty soon. He can't keep sitting on all the commodities and the precious metals while the dollar is devaluing, interest rates are falling and the foreign currencies are rising.
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