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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Hawkmoon who wrote (5866)5/7/1999 12:43:00 PM
From: Mark Bartlett  Read Replies (3) of 80881
 
Ron,

<<These calls for gold sales are thinly masked attempts to
maintain equilibrium in the POG and protect their fiat currency by
flooding the gold market with physical metal.>>

I agree ..... but that fact they resort to this, just reinforces how desperate they have become to continue the charade. I view this as quite bullish for gold in the medium-longer term. Presently there are only two safe havens - the US buck (looking more shaky each day) and gold.

Also - in the context of the gold market, 125 tons is bean dip.

Frankly I am surprised the gold market has help up so well - there is clearly buying going on at this level.

Eventually, for better or worse, the game players are going to lose .... playing with the gold market only delays the inevitable crunch that is coming.

MB

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