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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (21464)2/25/1999 10:11:00 AM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
don't know, I'd expect a move at any time.

I have decided to stick w/ buying trash. Creamer says that's the best thing to do, and he knows. -g-

can you believe this mkt, nothing is bringing this POS down.



To: MythMan who wrote (21464)2/25/1999 10:12:00 AM
From: Cynic 2005  Read Replies (1) | Respond to of 86076
 
Re. gold - you will get the answer.

Put this one #reply-8024685 together with this one:

<<REP PAUL: ''Even if central banks are willing to sell gold, what is their motivation?''

GREENSPAN: ''They are not doing it to fix the gold price. They are looking to sell stock of gold when they've sold on the grounds that 1) it costs to store the gold and 2) it didn't obtain any interest. So, they perceived it to be a poor asset to hold. The purpose was not to manipulate the price of gold.''>>

My take: Incremental cost of storing gold is zip, unless of course they want to sell all of it. Obtain interest? Since when central banks have become per profit operations?



To: MythMan who wrote (21464)2/25/1999 10:14:00 AM
From: yard_man  Respond to of 86076
 
out of IMPAY this morn @ 18 -- gave up trying to get the 1/4 point more than bid when platinum started dropping again ...

go gold and silver ... and diamonds and oil ... hip, hip, kathud!