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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (35282)	6/13/1999 9:53:00 AM
From: Baba 2	Respond to of 116790

Thread, Just for the 'ell of it anyone want to take a stab at the closing price of spot AU tomorrow in NY.......lots of diverging fundamentals out there.. down $3.10...... just for fun now......no $$$ for correct guesses....

To: John Hunt who wrote (35282)	6/13/1999 2:58:00 PM
From: Investor-ex!	Respond to of 116790

OK, let's cut the crap and do the math on these "proposed" sales, none of which are a "done deal". IMF 300 tons + UK 450 tons + Switzerland 1300 tons = 2050 tons. LBMA daily volume = 900 tons (and this is thought to be underestimated). 2050/900 = 2.3 days volume. In other words, all this bluster is inconsequential to the actual volume on ONE gold exchange. Furthermore, at the rate these announcements are being used set the price lower, the new output will actually start to dry up. Soon they will be able to say "banks sales to equal 2 (or 3 or 5) years output" because production will have collapsed. "Bank Gold Sales to Equal at Least Nine Months' Output; Lower Prices Seen" This says it all. "We imply that a 'lot' of gold might be sold. And even if these sales were to proceed, which is not at all a given, please ignore the simple fact the the sales really do not amount to anything in terms of daily volume. But none of that is as important as our wish that you now note how much lower the price is. We hope that you connect the timing of the announcements and apparent 'largeness' of the proposed sales with the current price and assume that the talk of proposed sales has caused the price to be lower. Thank you." This is shaping/creating reality. This is "mind control".