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


To: Peter Neidhardt who wrote (3)5/28/1998 11:39:00 PM
From: Stocks  Read Replies (2) | Respond to of 81794
 
Hi Bill, appreciate your posting's they are most informative.

Essentially, in layman's terms the change in the dynamics of the gold market with an announced sale is due to there no longer being a seller at the price's that have been offered over the last several months. So in essence there will be no supply? Am I correct in my interpretation of your point?

The second question I have is, the last announced CB sale was to other unnamed CB's and the POG ended up holding firm. Do you anticipate the Dutch making a similar announcement, that they have sold their gold to other CB's and particularly considering your point that,

"Last week we received a tip that the specs were going to be set up before a big gold rally. The old Swiss news, of there potential future sales, released again yesterday, accomplished this."

Would this not also help to set up the specs before a big rally?

Brandon




To: Peter Neidhardt who wrote (3)5/29/1998 8:51:00 AM
From: Bill Murphy  Read Replies (1) | Respond to of 81794
 
Peter,
If we are right, "the uninformed" will be trapped.

Bill