<<While the above suggests the sale is reasonable to me, on the other hand I am wondering why they would announce the sale in advance if they were trying to get the highest price? In this light, it seems more like a deliberate attempt to keep POG low than anything else. Smacks of deceipt and manipulation, just like the highly publicized IMF sale.>>
Hi WayneW,
OK,we are just begining to get a touch of the more open gold market for which we have begged, I'm not going to raise any H. over them saying they will sell BEFORE they do. I do agree, the BOE timing is suspect, and that were they not in the worst of shape, they would not be doing it unless it is to grab into the Euro. Yes, it is "deceipt & manipulation" & feel GATA is our current best bet to break it.
What bothers me most, is the way it was broadly reported, the % of total world gold demand BOE is selling is not reported, but this should surprise none, as Clinton & wall street OWN the media.
rh |
