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

To: Bill Murphy who wrote (49)	6/6/1998 2:59:00 PM
From: PAUL ROBERTSON	Read Replies (2) \| Respond to of 81177

All, Ditto for the canuck buck!!! Paul

To: Bill Murphy who wrote (49)	6/6/1998 3:31:00 PM
From: Tom Byron	Read Replies (1) \| Respond to of 81177

Bill: This was recently posted on the Gold Price Monitor. From the Mining Investment College: Adrian Day and Frank Veneroso on Jan. 13, 1998. Message 4748958

To: Bill Murphy who wrote (49)	6/6/1998 4:13:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 81177

Bill: I deplored and still deplore the Aussie gold sale, but do not think that is the main reason their currency has collapsed. That honor goes to the deflationary wave coming out of Asia -- a key Australian export market. And let's be honest -- bullion has dropped about 10% below their sale price. But that said, gold sales have undoubtedly added to the pressure on their currency. My take still is that gold and Asia will move together. Asian stock markets and currencies were generally strong during the last major gold bull in 1993. If Asia continues to tank gold will remain under pressure no matter what the European CBs do or don't do. But when Asia turns gold could rally explosively as the shorts run for cover.