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


To: Greg Ford who wrote (6009)5/14/1999 7:04:00 AM
From: long-gone  Respond to of 81484
 
perhaps you should readdress this as a P/M to Bill,
cheers,
rh



To: Greg Ford who wrote (6009)5/14/1999 7:42:00 AM
From: Robert Dirks  Respond to of 81484
 
>>> I do think however that you are somewhat misguided in assuming that J Aron (Goldman Sachs) is short gold or that there is a large short position relating to LTCM. <<<

In the "Ultra Secretive" Gold Market, you have to read between the lines.

Just ask yourself, while most of the CB sales have been done behind the curtains, and then later announced to us "Suckers" in the general public arena, the BOE has decided to cap the impending Gold rally at 290. by announcing a major sale "Before Hand"..

Why would they do this if we are to assume that they want to achieve the best possible price for the sale ???

So far the POG has dropped $23. from the point they intervened in the POG rally.

I don''t know about most people out there, but to me there is "CLEARLY" an ulterior motive about the BOE announcement, and it sure ain't about obtaining the best possible price for the true owners of the Gold, the people of Britain.........