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


To: sea_urchin who wrote (16684)12/27/2002 1:32:37 PM
From: philv  Read Replies (1) | Respond to of 82019
 
I actually e-mailed these guys when I read that a few months ago Searle.

$150/oz. would close down almost all mining worldwide. The authors apparently do not consider gold as precious, but a mere commodity. They apparently looked at the supply/demand side only without considering monetary policy, international trade, geo-political events, US fiscal policy, etc. which all directly influence the POG.

I didn't get a reply.

Phil