Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Stephen O who wrote (2736)	12/19/1998 7:10:00 PM
From: Zardoz	Read Replies (1) of 81003

"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." A assume that you mean that the POG will move down dramtically in the coming weeks? Cause you certainly can be suggesting that GOLD will be rising aginst a Possible US FED tightening bias? People look at the outflow of capital via the US dollar index, and suggest that all is rotten for the US Dollar, this is far from the truth. Britain, which I suggested should lower 1%, will very shortley lower again. Germany may very well hold their rates, and watch unemployment skyrocket. But USA at 5% still looks mighty good. So if deflation is rampage {I don't believe it is} than the POG will climb. BUT what did the latest CPI suggest? So yes if the US FED raises {or tightening bias} the POG will diminish. The sucker rally was when people bought Gold stocks on Tuesday - Thursaday. Based on what? Weak Comex. mypage.direct.ca This is a sign of a collasping XAU/POG mypage.direct.ca from: pacific.commerce.ubc.ca Join the April high to Dec 15 high, and keep on going. They're is a very good chance of $270 before Jan 16/99

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