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

To: Bill Murphy who wrote (4873)	3/27/1999 12:20:00 PM
From: Crimson Ghost	Read Replies (2) \| Respond to of 81973

Bill: The key difference between black and yellow gold is that the powers that be want oil to tade in a $15-20 range but want the yellow to remain submerged right now. This might or might not change. One bullish scenario comes to mind. As inflationary pressures gradually build in the months ahead, the Fed will come under pressure to hike interest rates in the second half. Perhaps when they are ready to move on this front and the big shorts have covered much of their position at low prices, the financial establishment will let gold rally above $300. That would provide additional support for a tighter monetary policy. This is not a prediction, but a possible scenario.