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

To: Zardoz who wrote (2190)	11/14/1998 9:42:00 PM
From: Broken_Clock	Respond to of 80977

Hutch... << I neither care where gold goes, up or down. I just want it to move>> On this we agree...except that for the short term, being long, I would like to see it move up. Perhaps, rather than being so cagey, you would be kind enough to reveal some of your strategies to us. For example. I would like to know how one can obtain accurate open interest on comex gold contracts. The site i have is 2-3 weeks old, as you indicated. Do you have trader info from the exchange or do you use a well informed commodiites broker? TIA As for reasons on POG rising...they are few but I think, simple. 1. It is so low that mines(majors) are taking huge write downs and cutting E&P budgets and hi-grading mining operations to stay afloat. Should this continue, there will be very few mines worthy of digging in a couple of years. That should, by itself, tighten the supply demand ratio up a bit & forcing prices higher. 2. The US$ strength is crushing the US trade deficit to all times highs. The $ must fall, forcing gold price to rise by defacto.