Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom Byron who wrote (8329)	11/7/1999 9:26:00 PM
From: Hawkmoon	Respond to of 81177

Tom, It looks like the XAU is in a "damned if it does, damned if it doesn't" mode. Should gold go up... the XAU will fall because of the exposed hedge positions miners have. Should gold go down, people will fall out of love with the miners once again... If I was a conspiratorialist, I would almost believe that this is exactly what some of them CBs wanted to have happen to Gold. The hedged miners are now in the pocket of the financial institutions who are rolling over their credit lines and waiving margin calls. Regards, Ron