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

To: sea_urchin who wrote (15189)	8/18/2002 5:16:24 PM
From: loantech	Read Replies (1) \| Respond to of 82650

Searle, Thanks for the chart. I don't know much about this TA stuff but that stochastics squiggle seems to be a little higher with each subsequent rally so maybe it won't need to go as low as you think before the next nice push forward?? BWDIK? Searle I think all the markets have a bit of flavor of manipulation if not there would not be the people with the money and then Tom and Searle. LOL. Also of interest is that little S&P downgrade or credit watch on JPM. May be something lurking under the surface. It's stock seems to be floundering while another Bank quite large, but not the size of JPM, is showing robust strength and that is Wells Fargo. So maybe there is a problem there, but even if so the powers that be will hold it up no matter what. Tom

To: sea_urchin who wrote (15189)	8/18/2002 6:32:20 PM
From: ubetcha	Read Replies (1) \| Respond to of 82650

Searle, Good Response. One of the problems with gold is that over time it tends to go the opposite way of the dollar. Since we have had a strong dollar policy for many years, gold has remained down. It was necessary to maintain a strong dollar, and to keep gold weak in order to show that this was indeed the case. Of course all the countries that wanted to sell to us also liked the strong dollar. It made their products cheap to the Merican Engine. The only problem is that we need to change the spark plugs and get an oil change. We just do not have time to do that now as we missed the normal maintenance schedule. If we stop to do it now, the race may be lost. The tires are getting bald too, but we must win this one. Need to win the next election. After all Bill showed us how to do that. Who knows when, but it is inevitable that the dollar goes down, and then gold will go up. Lowering interest rates will expeditite this scenerio. Terry