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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (7857)	2/15/2002 1:04:13 AM
From: jackjc	Respond to of 36161

vt: Been watching this for hrs; 13 times against the 300. can't remember anything quite like it. Saw reports couple days ago that Swiss are using reserves to protect a bullion bank of theirs. But Wash Agree limits them to avg < 1 ton/day. If they are selling more, will have to cut back below avg eventually. I'm expecting Japanese savers to step up and overpower this stall.

To: gold$10k who wrote (7857)	2/15/2002 4:32:40 AM
From: TheBusDriver	Respond to of 36161

<<How long can "they" hold it down? >> I stopped holding my breath a year ago, I was about to pass out. I don't know when the lid will come off and have become cynical about it. The power to hold back gold has amazed me to no end. I will rejoice the day we finally break the shakles of CB intervention. Until then I will keep looking for undervalued jrs. and try to do like you do as often as possible! Wayne