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To: Cogito Ergo Sum who wrote (65312)5/21/2009 3:54:37 PM
From: LLCF  Read Replies (1) | Respond to of 78408
 
<They don't need to sell...
just stop buying..>

LOL... right, except then they would still be massive bag holders. Thought they would have been selling into the strength we saw, pretty obvious it was just a big panic.

I bought more CD's and a large slug of FAX a while back... cant be bothered shorting the dollar to be honest.. gold warrants or cheap ass gold stocks are probably the same thing.

DAK



To: Cogito Ergo Sum who wrote (65312)5/21/2009 4:08:17 PM
From: bull_dozer  Read Replies (1) | Respond to of 78408
 
> They don't need to sell...just stop buying..

They are buying all sorts of natural resources with their dollar reserves including gold. Last six months, may have been a blessing in disguise for them, with dollar strong (comparatively) and all natural resources down in prices. I read somewhere they have shown interest to buy IMF's entire gold. <NG>