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


To: philv who wrote (19097)9/21/2003 11:00:58 PM
From: Gary H  Read Replies (1) | Respond to of 81145
 
Thanks Phil, I sold some of my gold stocks last week so right now I don't know where I am. In any case I have been trading gold stocks for the last 2 years and I'm ahead, so not to complain. Good luck.
cheers,



To: philv who wrote (19097)9/22/2003 9:19:39 AM
From: sea_urchin  Respond to of 81145
 
Phil > Get rid of it before it appreciates too much!

Without meaning to be, you could be right. What the European and Asian CBs want is a "reserve" they can manipulate especially to weaken their own currencies, not strengthen them.

Except for the US and Argentina, and now South Africa, a strong currency is actually regarded as a curse.