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

To: Bill Murphy who wrote (3865)	3/4/1999 7:33:00 AM
From: sea_urchin	Read Replies (1) \| Respond to of 81802

OK Bill, we'll leave it there. I know you are very busy and I do not wish to waste your time. Just wanted to mention, however, that, on my own analyses which compare the POG to the value of a bunch of currencies using data going back to 1982, gold is NOT cheap. Furthermore, the models have accurately depicted all tops and bottoms since 1982. As of early February, they forecast a bottom around $270. With the recent dollar strength, the present forecast could be even lower. The point I'm making is, on my analyses, the price of gold is not being unduly depressed ie compared to the value of the principal currencies in the world. I regret to say the models do not support your conspiracy theory. I guess it's differences of opinion that make a market.