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


To: Bill Murphy who wrote (127)6/13/1998 9:34:00 AM
From: Stocks  Read Replies (1) | Respond to of 81135
 
Hi Bill,

Considering all that's gone on this week with gold, it's drop and your statement that "you're eating crow" the other day. Have your views on the price range for gold changed from $370-$400 in the next 11 months, I understand the basic premise behind your opinion is the underlying supply from the CB's and that it's about to dry up, but considering some of the other factor's, including the recent EU "possiblity" that it may only hold 10-15% and the devaluation card that may be played.

By the way thank you for this exchange of ideas you've initiated, you've provided a wealth of knowledge and great discussion. You've also attracted some of the top posters on SI, both from and understanding and knowledge point of view, including George S. Cole, Alex, Bobby Yellin, amongst others....thanks guys!!

Brandon



To: Bill Murphy who wrote (127)6/14/1998 7:55:00 AM
From: Cage Rattler  Read Replies (1) | Respond to of 81135
 
Bill:

Thank you for the reply and informative attachment. I'm finding it difficult to place everything in perspective; formulating a foreign-exchange strategy is incomprehensible.

The deflationary-crisis hypothesis described on the new Dollar/Yen thread, which is convincing, may occur sooner rather than later. If we accept that hypothesis, holding equities and real property should become economic liabilities. What remains as options? Currency, precious metals, and non-taxable hard items?

Ciao, Ted