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


To: m.philli who wrote (7434)8/27/1999 10:57:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 82289
 
Don't know Mike.



To: m.philli who wrote (7434)8/30/1999 12:30:00 AM
From: long-gone  Respond to of 82289
 
re: "joe 6-pack"

I know several "joes" and their portfolio is running around 120-200K with nothing currently in any direct precious metals related vehicle. A great many have no such investment vehicle(gold fund or preccious metals fund) even available, & I believe here-in lies a very large part of the "manipulation story". I believe the only reason the XAU is even at the at current (depressed) levels is due to inclusion of ABX, NEM, HM (ASA?) in the S&P 500 & the impact & use of index 500 funds in today's broad market.

The "good news"(if any can be found in this sad tale) is a great many "joes" are 100% in the S&P 500 index funds.