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Pastimes : JESUS and FINANCIAL FREEDOM

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To: yard_man who wrote (1141)	5/22/1999 12:37:00 PM
From: gregor	Read Replies (1) of 1283

Barry: Hang in there on your gold positions. I am firmly convinced that the Bank of England has no intention of selling 400 + tonnes or 1/2 of their reserves. I believe that they have leased out 400 tonnes of gold to a short seller or to firms that have shorted gold. The problem, starts, when the short seller wishes to cover their short position. How can you do it when the massive buying will skyrocket the price of gold. Come out with a market depressing malaise, of gloom and doom and buy back into the malaise. The only trouble is that the gold traders will figure this out, and the massive buying will eventually raise the ship. The Bank of England is merely ensuring that the lease rates will continue to be paid, giving the short sellers "ample" time to cover their positions..why give a good leasee reason to move out ?????????? Amen Brother... In Christ.gregor

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