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

To: Bill Murphy who wrote (568)	8/9/1998 2:07:00 PM
From: m.philli	Read Replies (1) \| Respond to of 81068

Morning ladies and gentlemen. Since having given you a repreive from my ravings for a little while, I thought I'd throw in another one. Giving humor to some, food for thought to others. If what I speculated, was somehow true and the Japanese, (determined to buy gold, the Europeans determined to sell) with the collusion of certain other countrys, had accumulated the rights to the 4-8 thousand tonnes sold forward, etc., plus the Canadian (contribution) , the Austalian , European, South American sales, Asian sales, giving them 5-10 thousand tonnes, would not the announcement of this, spur the yen upward? The Japanese people could wake up in the morning with , say a 25% increase in wealth. "BONZAI - LETS BUY" the rally cry! Meanwhile ,the US. dollar falls, bonds are sold, market falls. However, these certain other countrys being very long yen, (a few interventions help in yen accumulation) could support there currencys, buy back and retire there bonds with there profits in yen, selling gold if necessary, and control the situation in yen/dollar/gold. Those not panicking in the market, holding on for the long haul, will realize corporate profits are bound to increase as Asia starts booming again. Trade deficit will be lowered. currency traders are given a lesson, they won't forget. (perhaps a little revenge for England, Canada, and also Hong Kong who has been fighting with them in the press this weekend )." 0r wouldn't governments ever play that way." If your going to dream, DREAM BIG! Mike