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


To: chevalier who wrote (2586)12/13/1998 1:07:00 AM
From: Zardoz  Respond to of 81089
 
Selling from CB of Europe once the Euro forms. Don't forget if Barrick and other's unwound their short positions {As so many on the GPM thread seemed to think was bullish} And gold did not find a substanial rally above $295, than we can construed that once those position get added on again {and if ABX made 25% of their net earning from forward selling than we can say they will get put on again}; than the price of GOLD will surely fall.

Maybe Friday was just a small sample of what's to come. Cause for sure the Gold markets has taken into account impeachment, economic turmoil.