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Re: FUT Gold, is the game up?



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I think  someone  told them  I was long
-----Original Message-----
From: Stig Olausson <olausson@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: mardi, 11. mai 1999 19:20
Subject: Sv: FUT Gold, is the game up?


>
>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
>