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Re: amarksp post# 15308

Sunday, 01/29/2006 3:51:51 PM

Sunday, January 29, 2006 3:51:51 PM

Post# of 19037
Recent Central Bank Gold sales are indeed interesting...

http://www.investorshub.com/boards/read_msg.asp?message_id=8327291

http://www.investorshub.com/boards/read_msg.asp?message_id=9454664

If France, Dutch, Belgium banks decide to ALL sell in the same week/month their pro-rata allocation, gold price could get whacked... Then we get Germany saying they are "exploring" gold sales once again...

This would be nightmare scenario for the POG longs right now. Not saying or implying this will happen, just saying if the Central Banks want to spook the gold market, this would likely do it... Am now 62% long gold stocks, down from over 90% a few weeks ago...


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