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


To: Zardoz who wrote (36590)7/6/1999 7:33:00 AM
From: Enigma  Read Replies (1) | Respond to of 116756
 
Sell on news - buy on news - the later seems to fit this situation - but we'll have to see. The B of E supply has been factored in already - no matter who the buyers are or what their motives are. I would hope the B of J are in there pitching - this seems to give some CBs who are low on gold a chance to pick up some at a low price. Although it was the Japanese who were urging the IMF to sell 10 million ounces -maybe because they wanted some -who knows.