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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?


To: virginijus poshkus who wrote (7958)10/24/1997 6:28:00 PM
From: frenchy  Read Replies (2) | Respond to of 10482
 
VP

I don't believe the Swiss plan to sell any gold. If you
were sitting on a commodity weak in price, would you
announce to the world your intention to sell?? The Australians
did not do that! If there is truth the the rumor that the
Swiss intend to sell AU, I believe the opposite... that
they will drive the price down to ridiculous levels, then
change their mind and buy the gilt.... with no guilt. Timing
was quite a propos , think about it.... day after major
currency turmoil. No sir.... The Swiss, if they have
any brains at all... will be laughing all the way to the
bank vault... with bars, not paper. (eom)



To: virginijus poshkus who wrote (7958)10/24/1997 6:43:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10482
 
Vargas...

I believed that this was going to happen..But, my timing was off...I figured it to happen next month.. They needed a reason to take Gold down and found it..I find it hard to believe, they would sell it off over news that may or may not sell in the year or 1999 or 2000... What a joke.
Ed