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

To: Zeev Hed who wrote (1292)	10/1/1998 7:00:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 81672

Zeev the dollar just made a sharp break below the recent congestion area. decisionpoint.com Should it break thru 94.75 then you'll have to look on the weekly for support.http://decisionpoint.com/DailyCharts/DXY.html I would say that after that the support would be 93, 90, then 86. Last time the dollar hit 80 gold was about 400.

To: Zeev Hed who wrote (1292)	10/1/1998 7:04:00 PM
From: sea_urchin	Respond to of 81672

Zeev : I'm aware why you wanted it. We have discussed the situation many times. I know you believe(d) there's still too much production and that the bear market will end only when there are significant mine closures. It looks, however, that various new factors have crept in to the equation which could be even more important than mine production. Demand is coming from sources which previously were very uncertain and unpredictable. This demand is estimated to exceed production, even at the higher levels. And so, we are seeing the POG moving up when actually, on the existing fundamentals, it should have been going down! As I said to someone, earlier, if this is not a true rally then it's a damn good imitation!