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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Zardoz who wrote (2578)12/12/1998 8:49:00 PM
From: chevalier  Read Replies (1) of 81092
 
Unless you are only concerned with short term movements in the POG how can you say that the trend is down for gold when it has been completely neutral for a year now. The metal may fluctuate between $275 and $300 or so, but I see no evidence that it is heading lower. With that said I see no evidence that it is going to head higher either.
As far as there being no deflation I disagree. Take a look at the CRB. Forget the PPI and the rest of the government numbers as they are as unreliable as ever.
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