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

To: sea_urchin who wrote (7552)	8/31/1999 5:29:00 PM
From: Stephen O	Read Replies (2) \| Respond to of 81220

They are not sales for the CB. They will have a line in their assets stating Gold 80 Tonnes $660,000,000 (Receivable June 2000)

To: sea_urchin who wrote (7552)	8/31/1999 7:19:00 PM
From: Tom Byron	Read Replies (2) \| Respond to of 81220

searle: us $ bounced off that line again. left a nice big gap on the opening....how long am i got to following this bouncing ball?......what we need is a good rope walker and not one that keep bouncing up and down on that ropee...:(. decisionpoint.com the us dollar chart looks quite similar to the s&p 500 chart (and other financial charts) since last 10/8. who's leading who...and if the that us $ breaks that line on the downside what meanish that for the s&p ???...:( decisionpoint.com trannies say more down at least to that red line decisionpoint.com

To: sea_urchin who wrote (7552)	8/31/1999 11:57:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 81220

Searle, According to the people who believe in the conspiracy theory, the 10,000-14,000 tons are ounces of gold borrowed FROM the CB"s BY the Bullions banks FOR either the hedged producers or the "gold carry" traders. On the CB's balance sheet, they show as "gold receivables". In theory, only the "gold carry" trades should affect permanently the gold price. The gold borrowed and sold for the purpose of hedging will be reimburse from future production. <<In the circumstances, provided the forward selling has been absorbed, the situation is then bullish. >> It is indeed....however, keep in mind that those who acquired the ounces will eventually return them to the market when the price is right.