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


To: Bill Murphy who wrote (1945)10/31/1998 7:06:00 PM
From: Zardoz  Read Replies (2) | Respond to of 81056
 
All sarcasim aside, LTCM was a gambling house. Nothing more. Speculation is that the Head of the company, was calling more shots than the subservients. We all know that ABX is 300 tons {10M Oz} short, that was in there finacnials. Add another 200 tons from PDG, and we got 500 tons. Now add option contracts as offset to gold shorting. And we may be back at zero? It's speculated that there are equally as many that are short and long as hedge funds go.

This is important for you, as much of your analysis rests on it. How can you say it's a time bomb without knowing more? Maybe it will implode, and not explode? Or have we figured out what happened on Aug 21-31 with the XAU? Have you ever wondered why the gold producers move so well at the end of the month? {I know} There are so many questions.