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


To: sea_urchin who wrote (7693)9/6/1999 7:31:00 PM
From: .Trev  Read Replies (2) | Respond to of 81239
 
Hi Searle:

No wonder I didn't understand the Gold business before.
I've just spent an otherwise dull week-end reading about it and still don't understand it. At least now IKNOW I don't and not only that I know why.

Like you I had thought that the big guys were more significant in the production field than they are. It seems apparent that a lot of the information we have for years taken for granted is mythical and misleading, not because it is false but more because it is incomplete. How can we possibly understand the balances that lead to price determination when we don't even really know how much and where and when, and most of all from whom to whom??

Looks to me as if Bob's systematic and logical approach has still some distance to go, but is headed in the right direction, of making the whole thing a good deal more transparent, and understandable.

Cheers



To: sea_urchin who wrote (7693)9/6/1999 9:51:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 81239
 
Sort of reminds me of an old BBS Poldark episode where his arch rival is trying to force a bank he frequents out of business with slanderous rumor. As the run on the bank begins with Poldark himself off the scene, his wife takes all the gold in the house and sends servants to deposit it a hundred or so English pounds at a time. The people standing there waiting for their money begin feeling foolish for even being there and the bank lives to lend another day until it is gobbled up by a friendly competitor.

Public perception of small events, such as CB gold sales, can really turn things.



To: sea_urchin who wrote (7693)9/7/1999 11:39:00 AM
From: long-gone  Respond to of 81239
 
All, gotta see!
CRB fall is over.
first was silver, then petroleum, now soybeans!
mrci.com



To: sea_urchin who wrote (7693)9/7/1999 12:59:00 PM
From: goldsheet  Respond to of 81239
 
Still have a few gaps in the data (Goldfields didn't report 1997 data pro-forma)

goldsheet.simplenet.com

Mining company production and reserves are usually reported in ounces, so it was easier for me to do it that way.