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

To: Bobby Yellin who wrote (1342)	10/4/1998 4:53:00 PM
From: Bill Murphy	Respond to of 81518

Morgy Dog, The lessening of the long term gold price to the near term gold price is what they call the contango and is mostly interest rate related. Since interest rates are coming down, so is the contango. This is bullish as there is less incentive for producers to hedge a forward higher price. As far as the rest of it goes, I worked until 2 AM sat morning to put out my thinking on your other questions in my Midas commentary, www.lemetropolecafe.com. James Joyce Table. It says it all. Bill