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 (2623)	12/14/1998 6:50:00 AM
From: Bill Murphy	Read Replies (2) of 81032

George, The very short term has been impossible to judge as we look back. Mega bulls like me have not been right yet. Bears in 1998 have been wrong so far this year as the price of gold is higher on the year. Bearishness seems to grow by the month, yet the price has not gone down yet. Your comment about 5 gold bugs and the growing anti gold fanatics is most revealing. It is one of my tenets for a very big move. There are so many buyers that have to buy when the move starts. Most important will be a psychology change. The present equity boom is so ensconced and worked so well for so long as the economy has run so well for so long, real fear emotions do not appear to be on the radar screens. It is my opinion, that look out, when the mind sets reverse course. Bill

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