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


To: Tom Byron who wrote (2757)12/20/1998 7:40:00 PM
From: IngotWeTrust  Read Replies (2) | Respond to of 81108
 
Tom, ans. this, pls? Since "mkt bottoms" R only truly known N hindsight, WHY is it so very important to you --and to others-- to devine a bottom in advance, in this case, in the gold market?



To: Tom Byron who wrote (2757)12/21/1998 6:03:00 AM
From: sea_urchin  Read Replies (3) | Respond to of 81108
 
Tom : << While on the monthly charts, gold seems to be attemping to put in a "base line of support", the crb shows nothing but a "waterfall event" taking place. >>

I agree. But how does that reconcile with the opinion that the gold price is being manipulated downwards? Since gold is a major component of the CRB index and the POG is in fact firmer than the index, itself, then perhaps the truth is that POG is being manipulated upwards !!

By the way, the CRB is now at its historic support/jockstrap/hernia-truss level. decisionpoint.com
It will require SERIOUS selling to take it down much further.

PS. Please note that the values in this chart are quite different from the ones in the tfc chart.