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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (27386)1/31/1999 9:42:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116762
 
< Can't destroy my logic so you have to fire people's paranoia. >

I don't think you have much logic. Your argument for Gold remaining flat to down over the short term is based on instilling the Fear that CB's will dump their gold reserves on the market if the POG rises dramatically.
My argument is that when the dollar begins to tank and all that hot safe haven money gets reallocated into Gold Denominated Assets, there will be no problem in absorbing CB sales.

The Question is when will this reallocation take place? If you've read my posts, you could clearly see that I am not short term bullish on Gold:
Message 7567475
Message 7524660

As you know, I've got nothing to hide. I own and manage a learning center in NY. What do you do, Ron? Who do you work for?

You say the " time " will come " to sell bonds and buy gold." How will potential CB sales affect the POG at that point? Or, do you expect all the selling to subside at that point? You seem to be in the know as to when CB's will be selling.