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


To: Ray DeMoss who wrote (757)8/29/1998 7:29:00 PM
From: Bill Murphy  Read Replies (2) | Respond to of 81220
 
Hi Ray,
Hope you are enjoying the weekend. The hurricane passed us by up here in N. H. However,the hurricane in the financial markets appears to be gathering force. After so many years of making money and not ever knowing what real fear is, some of these new portfolio managers may be in for a shock of a lifetime.
I could not agree with you more about Durban and the gold market in general. The next few weeks are very difficult to judge. Technically lookout below. However, any sort of change of out Asia that affects the dollar could send gold up $50 in a blink. Just have to wait and see and prepare for the inevitable big move on the upside that is coming.
John Brimelow, one of my contributors in the Cafe is a South African share specialist and has kept me very informed about Durban Deep. I am keeping a close eye on it and think the upside numbers you are talking about are very doable.
Bill