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

To: sea_urchin who wrote (7476)	8/28/1999 5:06:00 PM
From: m.philli	Read Replies (2) \| Respond to of 81266

LOL. I guess I've got to delve into the world of technical analysis. One of my problems ( I do realize I have many) is I fail to understand, the gold supply/demand forecasts gold analysts were using must have included PROJECTED Kalimantan supply figures. With the Bre-ex implosion,the supply figures they were using should have changed dramatically. This should have resulted in a change in forecasted supply/demand that would change price forecasts upward and a resulting change in market positions. If analysts were anticipating "joe Indonesian six-pack (270 million isn't it), to be able to each buy an ounce to hide under the bed,(booming economy and wealth creation) they may have been able to balance this against future production from Their own island of Kalimantan. When Kalimantan gold disappeared, "Joe", was still there, coming on strong. If "Indonesian Joe's chances of accumulating that 270 million ounces had not disappeared shortly after, what would have been the analysts gold price forecast? Not higher? Without the Asian crisis where would the gold price have gone? mike