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I missed what Bollinger said on CNBC today about gold, did anybody here it?
> -----Original Message-----
> From: owner-realtraders@xxxxxxxxxxxxxx
> [mailto:owner-realtraders@xxxxxxxxxxxxxx]On Behalf Of Ira
> Sent: Tuesday, May 11, 1999 3:27 PM
> To: RealTraders Discussion Group
> Subject: Re: Sv: FUT Gold, is the game up?
>
>
> Could they be devious enough to announce a sale. Have prices drop on the
> announcement and then buy on the down move. Do any of you
> remember years ago
> when the Russians canceled their grain commitments, announced a
> great overage
> of production on their 5 year plan and the price of Beans, Wheat
> and Corn went
> into the sewer. AS soon as the low was hit, guess who stepped in
> and bought
> all those grain contracts, at or near the low. Do you think the
> British may
> have learned something from the Russians or are they really going to raise
> dollars by selling gold? Ira.
>
> Stig Olausson wrote:
>
> > 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
>
>
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