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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Bill Murphy who wrote (2571)12/12/1998 9:33:00 AM
From: Crimson Ghost  Read Replies (1) of 81085
 
Bill: I agree that the current economic and financial environment is bullish for gold. Fear is on the rise (except for investors in tech stocks) and the CBs will be cutting inteest rates a lot more before they are done.

But the 64 billion dollar question remains -- how long will Greenspan and his CB buddies be able to keep POG down despite the bullish fundamentals? Could be days, weeks, months, or years. And as you have pointed out, a lot of juniors will be going bankrupt if POG stays under $300 much longer.
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