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


To: long-gone who wrote (8077)10/6/1999 3:14:00 PM
From: sea_urchin  Respond to of 81023
 
Richard : I'm not sure whether the Swiss CB is one of the group of European CBs that agreed to the 400 tonnes per annum.

As far as the short sellers are concerned, with gold at $320+ they are really having to bite the bullet. Clearly, for them, the moment of truth has arrived.

In fact, with respect because I know you believe in the conspiracy theory, I can't see any evidence for a conspiracy between the CBs and short sellers now that the CBs have agreed to withhold gold sales and lending. If there was a conspiracy it has certainly backfired on the short sellers.