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


To: Gary who wrote (490)8/5/1998 4:17:00 PM
From: Bill Murphy  Respond to of 81118
 
Gary,
I am not much of a cycle guy, although I certainly believe it can be helpful at times. Certainly, he could be right, in which case, it will be a dreary Fall, literally.
However, I stick to my guns that when this stealth selling of central bank gold is over, we go up. What is going to make the move up slower is the decision of the likes of Homestake to hedge ( they have not done so before ). That just keeps the lid on as more supply hits the market.
Bill