Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Andrew who wrote (2615)	12/13/1998 2:51:00 PM
From: Bill Murphy	Respond to of 81068

Andrew, You are so right that the long we go sideways here, the bigger the move. Of course, I think it will be to $400 plus. There is a good reason we will do that. The fed led boys continue to borrow gold to keep the price down. From many sources we know Goldman sold along with other trade houses. They knew about Nippon and are watching the dollar, which is in a precarious position, especially with all this impeachment stuff. Word went out. Sell. But gold could not collapse like it would have in the past because of the Asian buy orders below. At some point, these borrowings will have to be covered. That sends the price of gold north, way north. Bill