Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Crimson Ghost who wrote (2360)	11/28/1998 9:21:00 AM
From: Bill Murphy	Read Replies (2) of 81145

George, Thanks for alerting me to Hyman's piece. This is exactly the feeling I received after listening to Greenspan last time and to the feedback I am getting . The only difference is we say he is holding the price of gold down so that he can justify future rate cuts. If gold takes off, while oil and other commodity items stay down ( and the systemic risks remain ) he will be in a box. With gold prices not moving, look at what Hyman says. Greenspan has most fooled and has created exactly what he intends - so far: that his actions can be undertaken taken without a reaction - the illusion that his bail out and money pumping program can be implemented without any bells and whistles going off - the big bell and whistle is the gold price. That is why he has orchestrated this 500 pound to sit on the gold price as long as he can. I think that the in the know gold community is seriously beginning to understand that a time bomb has developed and is quietly and slowly taking measures to get out of the way of a gold explosion. I will go over this in the next Midas. We have our first clear cut evidence of this type of acknowledgement. Bill

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