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

To: gold$10k who wrote (8078)	2/19/2002 3:27:59 PM
From: jackjc	Read Replies (1) \| Respond to of 36161

vt: We've seen this sharp price action at 12 noon NY when London is closed so the funds can be more effective. The last 3 times price was ramped, this time dumped, and right in the middle of an NGT party. Swiss selling is limited to about 3/4T /day by Wash Agreement and have been avg 1T lately, but heard last wk rumor that were increasing selling as their bullion bank Warburg would be in trouble with POG much over 300. Rumor only ! I suppose they are still in compliance if avg comes back by yr end (not necessarily calendar yr) so would have to reduce sales later.