SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currencies and the Global Capital Markets
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Enigma who wrote (1637)5/21/1999 9:39:00 AM
From: Henry Volquardsen  Read Replies (1) of 3536
 
I think what he is saying that it most central bankers realize the size of their positions and the visibility of their actions is such that they can manipulate markets by saying certain things. And that they realize they could use this ability to influence markets and profit but that they realize this is inappropriate.

Fwiw he is being disingenuous. Yes the central bankers do not use this 'ability' to make profits in the metal or currency markets. But it was exactly this 'ability' the Fed was using when it announce a tightening bias to get the bond vigilantes to tighten for them.

The other inference is that there are some central banks that do use this ability. But they are not major CBs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News