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To: John Mansfield who wrote (24500)12/17/1998 8:06:00 PM
From: Zardoz  Respond to of 116815
 
"Am I missing something here... or is the "fear" of Swiss gold sales outrageously laughable? Has not this perrennial nonsense just been a ruse to confuse the really uninformed (if not totally ignorant) gold investor?"

You are missing something:
The demonetisation of gold {someone elses posting}. It's not that the Swiss are selling over a X amount of years, but that Come Jan 1 1999, many more of the CB of Europe may also start selling. And if they sell at a faster rate than 20 years, you can sure bet that Gold will suffer. This is what the market is pricing in.

Black line for these two are 1987 crash, and 1994, june bull markets:
mypage.direct.ca
mypage.direct.ca



To: John Mansfield who wrote (24500)12/17/1998 8:33:00 PM
From: long-gone  Respond to of 116815
 
re swiss sale
and of the timing? Just at the start of a rally?