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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (3465)2/16/1999 7:38:00 PM
From: Kaena™  Read Replies (1) of 81088
 
Japan's decision to monetize their debt has a positive effect for gold further out due to inflation consequences. On the list of pluses and minuses for the 1999 POG outlook, I would place this action in the positive column. It seems we have a solid base at the $280 area. With all the possible catalysts to cause gold to move up, Y2K included, I'd say the longs are in a pretty good position.
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