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

To: Bill Murphy who wrote (4036)	3/9/1999 7:38:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 81023

Bill, Thanks for the post and keep up the good work. I always listen to Martin Pring too. Jim

To: Bill Murphy who wrote (4036)	3/9/1999 8:40:00 PM
From: long-gone	Read Replies (1) \| Respond to of 81023

<<Goldman Sachs has been running around the world telling their clients how bearish the gold market is for some time now. They have been encouraging forward sales by producers and I would love to take a look at their own gold borrowing book. Any one want to guess on how many gold loans they took out at .7% to 1.5% for themselves or for clients? Until very recently, they had been big sellers for many, many months.>> Well written Bill! I wrote the whores at CNBC, asking them to require the "commodities babe" from Goldman to declare her position and those of her firm in the gold market. Like we will ever get it! Just like wizzing on myself in a dark suit - gave me a "nice warm feeling" but did no one any good. On the same issue, before I went on today's job hunt, heard a couple of them(talking heads on CNBC) speaking about how GE had bought into some TV shopping network or the other... Any way, the were bantering about how bad it would be to "whore" themselves & sell bass-o-matics or such(or was it shiny spandex 3X womens pant suits - I forget)). Wondered just how much worse anything could be than selling GE, AMZN & EBAY stock while talking down gold ????? rh

To: Bill Murphy who wrote (4036)	3/9/1999 9:22:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 81023

Easy come... Easy go... kitcomm.com Bill, I'm not the one feeling especially morose. After the "correction" back in August, I was very close to looking to put the family assets into gold and gold stocks. I would be feeling morose had I done so at that time. Now I'm just being more rational about the idea, weighing the pros and cons and looking to see which way the economic winds blow. The intensity of the shorts to hold the line is why the price of gold sold off today from today's high of $294.10. Goldman Sachs led a barrage of selling that took on spec short cover But weren't there reports of large mining companies selling also?? Are they short as well? Or do they suspect there will be more deflationary pressures (look at oil prices)? economist.com Regards, Ron