SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (59)6/8/1998 6:11:00 PM
From: Bill Murphy  Read Replies (1) | Respond to of 81184
 
George,
As you know I have been talking about a set up for awhile now. If I am right, this kind of price action today is what should happen. The gold market goes up and everyone is befuddled as to why. What is really going on here, I think, is the big boys know the EMU selling has or is about to end. They are buying. The specs are short. A Dutch announcement will prove demand bigger than known and there will not be this excess, abnormal supply to stop the next rally( at least for $40 or so). The in crowd knows this. . It would be nice to have roaring commodities, a weak dollar, political chaos, and great Asian demand, and it would help, but the real key is a big reduction to this crushing central bank supply.
Bill