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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Bill Murphy who wrote (2735)12/19/1998 2:00:00 PM
From: Stephen O  Read Replies (5) of 80990
 
Bill I think you have misread the lady's post. The suckers as she calls them come in on the third move. We are certainly not in the third move. I would suggest that we are in the throes of establishing move 1 . We are in the preamble. Some of the producers have unwound their hedges. Normandy is the big one so far. They are part of the pros. I would suggest the asians are too as they have a much longer and stronger recent tradition of owning gold. The time to move in is when the big consensus is to be out and you move out when everyone is clamouring that this is the investment place to be. As of now that is the large cap stocks in the USA and Canada.
To all I suggest you buy some ounces or 1/10 ounces as your Christmas gifts this year.
In the New Year keep accumulating those really cheap small cap gold producers. That is where the next 10 baggers are coming from. Keep buying them through the end of the year as the tax loss sellers continue to capitulate.

Seasons greetings to all.

Stephen O
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