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


To: Hawkmoon who wrote (6607)6/21/1999 10:05:00 AM
From: Enigma  Respond to of 82038
 
I think it's a question of fashion - another word for sentiment. The counter attack is being mounted and in spite of the many theories we read here nobody is able to know whether this whole thing has been vastly overdone or not. In years to come we will no doubt hear of someone who bought a sackful of gold at $259/oz, and made a fortune. The factor that argues against the conspiracy theories in my mind is this - if they are true then people like Soros and others will be able to step in and break the cycle. After all speculators are there to make a killing,and the killing is surely to be found by killing the shorts? If almost half of CB reserves have been lent out then why are lease rates still so low? Why is there no squeeze in the market? Or do we need a stock market crash to set off the gold market? I don't mean a rally to $270, but a real buying panic. d



To: Hawkmoon who wrote (6607)6/22/1999 9:51:00 AM
From: Hawkmoon  Read Replies (2) | Respond to of 82038
 
Looks like Gold Eagle is getting desperate now... Putting $2000/ounce stars in the eyes of of an unwary public:

gold-eagle.com

This, then, is the real nightmare.

A depression much, much worse than the 30's.

And not a word yet about Y2K!!


Truly disgusting display of panic mongering. But it's the same stuff that was being predicted back all through the '80s.

Even the little comment about Y2K not being factored into his "scenario", is a defacto claim that gold will surge due to Y2K.

It will only surge if they are able to convince enough suckers that it will.

Regards,

Ron