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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Bill Murphy who wrote (6223)6/8/1999 11:06:00 PM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 81094
 
BOE Auction Fraud!!!

Bill, I just received in writing some Japanese commentary on the BOE sale. In summary, the Japanese know it's a bailout for the bullion dealers. The BOE knows that the loans are at a dangerous level, so it will allow the banks to cancel out the loans through the auction.

The article used the word "bid-rigging/collusion"!!!

The POG will not go up as long as the CB bail out the bullion banks with the people's gold. This is an OUTRAGE!

Bill, if you want to shake things up in a big way, start a movement to have the BOE AUCTIONS OPEN TO ALL PEOPLE. The auctions should be fair and transparent, not behind closed doors to "selected participants."

THC



To: Bill Murphy who wrote (6223)6/9/1999 9:07:00 PM
From: ForYourEyesOnly  Read Replies (2) | Respond to of 81094
 
"Rumors are now getting closer to certainty as it is now widely discussed in
the trade that the huge amount of selling being done by the NY Bullion
Banks is on behalf of a Central Bank trying to beat the Brits out of the
door. Owing to the nature of the selling, and the disconcerting stability
of current lease rates, and the large sizes involved, it would seem to make
sense. It is my opinion that if the current thrashing of gold was due to
speculative selling only, the market would have seen some short covering
rallies."

From LFG