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


To: geoff s. who wrote (162)6/16/1998 10:53:00 PM
From: Bill Murphy  Respond to of 81122
 
Hi,
Bottom line is we have very strong reason to believe the Dutch central bank has been selling many hundreds of tonnes of gold for a long time now and are about, or have, finished. If so, this will help explain, in parts gold's continued weakness and failure to hold rallies on any breakouts ( the CB sold into all of them ). It would also show that the demand for gold is much higher than is presently known ( someone had to buy all this gold ).