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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (48525)	4/28/2000 12:19:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

George, nothing goes on forever. according to what i heard, the Swiss sales are going to be used to help some of the institutions trapped in undeliverable gold loans to make their deliveries. the case for gold is actually quite simple: a vast supply/demand deficit, a cap on CB selling (Washington agreement), an end to producer forward sales, and an unprecedented open short position in the form of gold loans. it's a tinderbox awaiting a spark. that will be delivered by the dollar imo. regards, hb