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


To: Broken_Clock who wrote (1296)10/1/1998 8:38:00 PM
From: Gary  Read Replies (1) | Respond to of 81523
 
Any comments on the XAU holding above 78 at the close today? Looking good but trying to monitor all the signals. Does that technically signal a go? DO we need a week end or month end to confirm the techs?



To: Broken_Clock who wrote (1296)10/1/1998 8:48:00 PM
From: sea_urchin  Read Replies (1) | Respond to of 81523
 
Papaya : I have just heard Camdessus of the IMF saying that, in order to avert the international financial crisis, he expects that this recent lowering of interest rates by the Fed will be one of many.

Incidentally, I also just heard Bob Rubin saying (also on CNN) that the present financial crisis is the worst in 50 years.

That tells us something about the dollar index, and the gold price, doesn't it?!