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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Bill Murphy who wrote (1929)10/31/1998 3:07:00 PM
From: Crimson Ghost  Read Replies (3) of 81023
 
The latest market outlook from the Value Investor's Workshop.

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Note they are very bearish on the dollar, but still hesitate to buy gold because they believe the gold market is rigged by the Central Banks. And they are right. Gold's miserable performance this fall in the face of global financial turmoil, a steep drop in the dollar, and aggressive Fed easing does suggest that this market is anything but free. Some day the "boys" will lose control and POG will explode. But I have given up trying to determine when this might happen. Could be weeks, months, or years.
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