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

To: sea_urchin who wrote (7399)	8/25/1999 9:35:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 82263

<<However, how that translates into already overpriced gold share prices is something else. >> Some seniors are...but the majority of the gold stocks are rather inexpensive if the current range is the floor.

To: sea_urchin who wrote (7399)	8/25/1999 8:01:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 82263

Searle, I heard experts opining on TV that there wouldn't be a third rate hike! Who is Fosback?" --- The experts were saying there is no inflation and would be no hikes, back in June. Since then there have been two hikes. These experts have a hidden agenda. Norman Fosback is a market analyist who back tested the effect of FED rate hikes and came up with the conclusion that it takes three steps in rates to get the market to really stumble. This obviously is an inexact average but in this market it might take that many. One thing for sure. The bear will end on the last rate hike... Jim