Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: long-gone who wrote (3895)	3/4/1999 9:18:00 PM
From: Hawkmoon	Read Replies (2) of 81094

At prices such as these how could one stand not having "just a little"?(don't think this is investment advice, I just can't resist at prices such as this). Actually, I'm finding it much easier to resist buying gold at this point. Certainly more ambivalent about buying gold than when I first started following this thread. The Y2K crowd got me into the thought about buying gold over the past several years. However, until several months ago, I hadn't bothered to see what made the gold market tick. (Not that I'm claiming to be an expert). I don't believe Y2K is TEOTWAWKI. But I do believe there will be tremendous market gyrations later this year that will send the 30 year bond from its current lows to new highs as people try to figure out which companies with survive relatively intact after 2000. And I believe that many foreign companies will go bankrupt leaving US companies in a better global market position. When I see inflation in prices spurred by increasing demand or declining supply, then I know it will be time to buy gold. Until that time cash and bonds are king. Regards, Ron

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