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

To: Crimson Ghost who wrote (2577)	12/12/1998 5:03:00 PM
From: Bill Murphy	Read Replies (1) \| Respond to of 81087

George, Agree on the market has to take over the manipulators. You asked me before what would be the trigger. I STRONGLY believe a change in psychology is coming. I have been thru this some many times. This is just a different game. The game is going to change. If we try to say why gold could explode today,it is hard because the goon squad is making the rules. Do not pass go ( $300 ). When the defaults really kick in, and the markets really go SOUTH, it will be FEAR FEAR FEAR. That is not part of the western investor psyche now. Talk about fear yes, but really feel it NO. No way. The official sector buying out of Asia is substantial. When the fear really sets in about chaos, the goon squad loses control of the gold market. The lenders then fear that they will not get their gold back so they start acting like bankers again and start reducing their gold loans. Remember if we are right, few realize how big they are. When they start acting like the sheep that they, they will all do it about the same time, just as demand is kicking in. Then all heck breaks loose. Bill

To: Crimson Ghost who wrote (2577)	12/12/1998 5:10:00 PM
From: Tom Byron	Read Replies (1) \| Respond to of 81087

George: I'm taking reservations for plots at the Gold Bugs Cemetery...would be happy to save a place for ya...:)))

To: Crimson Ghost who wrote (2577)	12/12/1998 6:08:00 PM
From: Robert Dirks	Read Replies (2) \| Respond to of 81087

>>At some point gold will lead the CRB back up again. But not until the free market takes over from the manipulators.<< Glad to see an economist admit that Gold is actually being manipulated, so very few have the balls to do it. I believe we are now bottoming, was it Friday, this Monday or Tuesday ? --- We are bottoming. Bearishness is at record highs, and this is always the classic sign of a bottom, and add to that seasonal year end factor. If im right, we will be looking back in January at all the rediculously low market prices prevailing now....... RD

To: Crimson Ghost who wrote (2577)	12/12/1998 10:11:00 PM
From: Zeev Hed	Respond to of 81087

George: But not until the free market takes over from the manipulators. I was under the wrong impression that those manipulators were the free markets, where did I go wrong? <g> Zeev

To: Crimson Ghost who wrote (2577)	12/13/1998 11:21:00 PM
From: dospesos	Respond to of 81087

Hello George! I'm not sure about manipulation when cash hogs are selling below the 1919(!!!) high and the CRB index is close to the 1977 low, but I do agree that gold ALWAYS leads or accompanies the CRB. I would go Bill Buckler one better and simply say that gold is always primarily an alternative currency. But to say it is not under government control has been proven incorrect. My upcoming turns for gold were/are Friday 11 December, Monday 28 December, and an unusual cluster from 4-6 January. These could all be highs or a mixture of both highs and lows. My feeling is that if gold cannot hold the August lows between now and February, we could have another 4-6 years of disinflation or worse. The fact that gold IS leading CRB is encouraging, as in 1985, but "show me the money". One last point: gold itself is far above comparable 1977 CRB levels, so CRB has long since "caught up" with gold on the downside. That too is encouraging.