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


To: Zeev Hed who wrote (2382)11/29/1998 9:36:00 AM
From: sea_urchin  Read Replies (2) | Respond to of 81008
 
Hello Zeev. Good to see you again.

Re POG etc: I support the view, mentioned by George (#2360), that the Fed is not yet finished reflating ie printing and dropping interest rates and POG will move up (if it does?!) in accord with this. So, no more big bear in gold.
bloomberg.com

On my analyses, Yen is around the corner ie on its way up. So, if it does do what you suggest and go above 130, in my view, it will be a very temporary phenomenon.

At the moment, the US dollar is strengthening but, in accord with the views expressed above, this should be short lived.

I also believe that the lows in the Dow are over for a while and that a new "bull" market is under-way.

So, that's my 5 cents worth!

Regards