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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Hawkmoon who wrote (27376)	1/30/1999 10:35:00 PM
From: Rarebird	Read Replies (1) of 116762

< What prevents the CB's from all getting together and selling off their gold to bail these highly leveraged institutions out? > Absolutely Nothing. But what will prevent all this HOT safe haven money into the U.S. Dollar from being reallocated into Gold Denominated Assets? Ron, you repeat yourself so often you sound scared here because you know that day of reckoning is coming THIS YEAR! < Isn't it still evident that the CB's have some very heavy hammers left in their inventory for pounding down the price of gold? > When the dollar tanks along with the stock market, all that freed capital will be able to consume all the Gold that the CB's want to dump on the market and a lot more. You sound like your in the GOLD COLD WAR, Ron. I know where you are coming from: Use any intimidation tactic possible as long as it succeeds in maintaining the current financial fiasco! It won't work! Why? Because You won't have a leg or a dollar to stand on. Ron, do you work for a hedge fund? Or, do you work for the Treasury Department? Who have you sold your soul to? It is clear your interest is not a humanitarian one. So stop playing games.

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