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


To: Hawkmoon who wrote (8372)11/19/1999 12:02:00 PM
From: PAUL ROBERTSON  Respond to of 82267
 
Ron,

yes and i agree, it will be very interesting.

paul



To: Hawkmoon who wrote (8372)11/19/1999 10:50:00 PM
From: Mark Bartlett  Read Replies (1) | Respond to of 82267
 
Ron,

<<Do you mean to imply that, if Y2K fails to create the economic disruptions that many fear it will, that very little of that physical gold/gold coins that has been purchased will be resold back into the markets and converted back into more liquid assets (like cash)?>>

IMO - nope. Most of those buying are small players and I suspect most will keep it. With the market as high as it is, it would not be a bad bit of insurance. Recently, when currencies have looked unstable, gold has reacted positively.

MB