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

To: William JH who wrote (2716)	12/18/1998 1:32:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 81108

Marty Armstrong is a smart guy. I don't believe the chart either... just posted it for consideration. pei-intl.com I found this article of interst on their site.... BUT I don't agree with it in all. What I see for GOLD: Between Monday Dec 21 till jan 30 a massive move down for gold, due to a drop in the British Pound {as I mentioned before} since the LBMA members controls the bulk of Gold, and have purchased much of it as a hedge against BP. This gold rally is a fake, was a fake, and was driven by the gold producers/hedgers. AKA weak volumes... Around April 99 The Dow will either crash {< 6600}, or the interest rates will be trending up, and the Dow will be around 8800 {it will have a high of 10,200-10,400 before then (Feb 4-11/99)} Around june 99 Gold will be BELOW a $250 local bottom, and the CB selling will be at a maximum. Around Sept 99, the first cracks in the EU will be showing, and the EU will quickly accerlerate the removing of all local currencies to attempt to stabilize the EU currency. Rates will drop, and places like Italy will abound into hyperinfaltion... A call for free border crossing will be issued. People will flow around Europe in a nomadic way. Fighting will result between Italy, and it's borders. France will not allow foreigners into their country. And England will have a vote to pull out all interest in EU. Then Gold has a chance to break $300+ in Nov 99. Consider all that has happened in the last few months, and none has created a viable rally. {Gold needs to find a bottom fast}