Sv: FUT Gold, is the game up?

["Stig Olausson" <olausson@xxxxxxxxxxxxx>]

Can anybody explain THE REAL REASON for such a statement?

I thought everybody was interested in getting as high a price as possible
when selling something.
However telling the world that you are flooding the world with gold before
you sell must have a negative impact on price. so why telling everybody??
Furthermore, would it not be considered irresponsible by the british people
(to whom the gold belongs?) to start a firesale?
Or are the British in on the conspiracy to keep goldprices down (to avoid a
dramatic fall in Bondprices ---> stocks, according to the piece) that you
could read about in the harry Schulz letter some time ago?

The same day gold fell $9, silver produced a bullish engulfing pattern that
engulfed the 3 most recent days !
Any opinions or facts out there?
Stig
----------
> Fra: Earl Adamy <eadamy@xxxxxxxxxx>
> Til: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Emne: FUT Gold, is the game up?
> Dato: Saturday, May 08, 1999 6:55 PM
> 
> Now comes the Bank of England telling the world they are liquidating
their
> gold and gold futures tank falling to a 78.6% retracement of the recent
> rally before recovering modestly. So is the game up? I don't think so.
Any
> other opinions?
> 
> Earl