Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: long-gone who wrote (4081)	3/10/1999 11:40:00 AM
From: Scripts	Read Replies (1) \| Respond to of 81913

It is believed by many that the central banks bought much of their gold supply during the '80s and early 90's and in fact kept the price up as other commodities declined in price during that period. Or more exactly declined faster than gold. The price gold now is a reflection of the Central banks stopping their buying. I doubt that the bankers would give up the usual way of doing business just because silver's price would rise. It would have to get to $290 just to get to golds present situation.