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


To: Bill Murphy who wrote (2882)1/4/1999 11:22:00 PM
From: ForYourEyesOnly  Read Replies (2) | Respond to of 82179
 
Silver at $1.20!

No, I'm not predicting a bear......to the contrary, it seems that we are at rock bottom now......

In 1970 $'s, silver is apparently now priced at about $1.20. (Calculation from Ted Slanker: divide current price by 4.25)

That seems like a very interesting price level........silver was a good buy then.......perhaps it's a good buy now?

I was just asking about coffee FWIW.....I don't have any plans to buy either.

I liked the most recent Midas. However, I can't help but feel that the sales by Goldman & the goon crew would be in direct conflict with their responsibility to "effectively manage their assets for an optimum security/profit mix". Selling gold & silver at the bottom does not make sense to me......how can they continue to do so in conflict with their management responsibilities? I'd like to hear about how you think this is pulled off & why.

Thanks,

THC