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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (21968)10/19/1998 5:36:00 PM
From: Mark Bartlett  Respond to of 116764
 
Stephen,

Yes - I believe that it is ..... I think that Argentina only has about 800,000 oz left .... this should be absorbed fairly easily - if they are in fact selling it (maybe already sold it). Could be a prelude to some real crap coming down the pipeline in S/A ..... IMO something really stinks - and we have not seen it yet.

I am beginning to think that AG's rate cut last week was a signal to the smart money to get to hell out of the market and let the "buy and hold" ma and pa investors take it where the sun don't shine ..... always the little guy.

MB



To: Stephen O who wrote (21968)10/19/1998 5:38:00 PM
From: marcos  Read Replies (1) | Respond to of 116764
 
heritage.org - they have a currency board, which is being somewhat tested lately. One reason is, they don't like to pay their taxes biz.yahoo.com

But reports of CB sales out of Bloomberg are nothing new - notice they don't make a big deal out of CB buys.


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