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

To: Zeev Hed who wrote (2589)12/13/1998 7:07:00 AM
From: Bill Murphy  Respond to of 81093
 
Zeev,
The Korean gold liquidation was a one off event. The government called it in and the nationalist Koreans complied. That gold is gone.
The Japanese bought record amounts of gold in October when the yen gold price was at this level. They have real fear of their banking system now and this new event should accentuate that fear. Remember some Japanese are paying a .5 negative interest rate.

Bill


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