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

To: Enigma who wrote (6606)	6/21/1999 9:41:00 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 82035

and I'm not sure the breakdown in the POG below that line is all that devastating - of course it's early days - but there could be an uptick. BWDIK d It's called denial... <VBG> Interesting theory I was pondering last night on gold sales. Since the world is in recession and has a long trek ahead of it before it returns to where it was economically 3 years ago, it may be possible that gold was made a target as well (or at least considered overvalued relative to the economic strength of the world). So considering that many nations are facing the prospect of adding liquidity to their economies, trying to jumpstart them, it would follow that the CBs would want gold as cheap as possible before enacting "pump-priming" demand driven economics (read inflationary). Since gold has not dropped as quickly as it probably should have, given the demand from Y2K, and the financial morass created by LTCM last fall, the threat of added liquidity to the physical gold market would accomplish their preferred target zone. Just a theory. Any other thoughts out there? (other than my being the anti-christ). Regards, Ron