Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (2189)	11/14/1998 4:43:00 PM
From: Zardoz	Read Replies (2) of 80990

Where you been hiding? #reply-6391077 But... then I'm wriggling, *NOT*. It always amuses me that people invest money into the market and still they don't know the fundamentals. That makes it easier for others. Cause the less informed will buy on the way up, and fear losing on the way down. So they are by all means long term holders. I neither care where gold goes, up or down. I just want it to move. It is far easier to tell when a stock is overvalued than undervalued. If it is true that the GOLD price is on the move up, than you'd see takeover of junior producers NOW. Yet.... nothing. This adds to the suggestion that producer/hedger are over valued. Consider my opinions as my own. And I really hate to see the less informed loose money. Future contracts trade at a premium to spot, and must take into account volatility. Selling futures DOES NOT PUSH DOWN SPOT. Futures parrllel spot, to a lesser degree. Except when the spot is bought to cover the futures.

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