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as ted arnorld wrote about gold
merrils great analyst of gold
when you feel bullish for gold lie down on the sofa and let the feeling pass
gold is an outdated hedge
all central banks want to reduce there gold
gold lease rates fund forward gold selling
the british wont come in and buy
gold producing countrys australia and canada sell there holdings
if you want to enter painful unrewarding strategies be long gold and make
paltry returns there is no big upside
i use to trade gold 12 yrs ago as ajunior it was 580 usd
after the 200 problem is over with gold will be inactive
gold needs aphenomenal finacial collpase of 30 percent in stock mkts to make
any meaningful headway
of more than a 10 per cent gain.......... therefore to pick lows in gold is
a waste of time wait till the panic starts its easier and more opportunistic
-----Original Message-----
From: Ira <ist@xxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, May 11, 1999 9:36 PM
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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