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


To: Alan Whirlwind who wrote (14925)7/23/2002 9:55:36 AM
From: sea_urchin  Read Replies (2) | Respond to of 82414
 
Al >there is nothing that says gold can't have a sudden spike of $50 to $80 in a day

I'm not sure about that. Some people feel while that 800lb gorilla, which is owned by JPMorgan, Citicorp and GoldmanSachs, is sitting on the gold price, POG can't move up very far.

>Given how panicky things are getting, could happen

I think "they" are doing their best to hold things, today. POG down a bit, USD up a lot. I'm sure Dow will jump --- up, that is. Don't forget, these guys are not going to give up without a struggle even if it means making WWIII.

Anyway, there's one animal that can kill that 800lb gorilla and that's a 2000+lb bear. And, that's what's sitting on the Dow. And, that's what's going to bring the whole house of cards down.