We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.
Dutch Central Bank Sale Announcement Imminent?
An SI Board Since May 1998
Posts SubjectMarks Bans
58107 122 0
Emcee:  Bill Murphy Type:  Unmoderated
Food for thought,
We have felt for about one year and one half that the Dutch have been selling gold, secretly. Almost no one believes this. If this is true, it means that the demand for gold is much greater than almost everyone thinks. We have been told this last tranche of EMU related central bank selling is coming, or has come to, and end. If we are correct, and this is the case, future near term supply will be greatly reduced and this big source of supply, that has been there for some time, will not be there to suppress the next price rally. A big rally.
Last week we received a tip that the specs were going to be set up before a big gold rally. The old Swiss news, of there potential future sales, released again yesterday, accomplished this. Open interest, on Comex alone, was up over 9,000 contracts. OTC increase
in spec shorts was much, much bigger. Today we received a rumor, supposedly coming from another good source, that something about a Dutch sale was spreading among the highest echelons of the gold market. This is the first time we have heard this. Our good friends at the gold-eagle web site reported an astonishing number of hits on their site from a highly visible Euopean Central Bank. The number is the most striking one I have ever heard of from an institution of this type,
Today the XAU was up 1.50 with gold down $1. If a leak has occurred, one would buy the big cap gold stocks. Time will tell, but if a big sale is announced, it will change the dynamics of the gold market very favorably, no matter what the initial reaction is.

Bill Murphy
Veneroso Associates
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
58107I was coincidentally thinking of Zimbabwe, and the many who have come to S. Afriphilv-yesterday
58106 Surely, the haves have to support the have-nots in one way or another. Isn&#philv-yesterday
58105>can a country exist without secure borders? I don't think so. Yet, I sea_urchin-yesterday
58104From what I have seen, the border walls are pretty ineffective for a determined philv-yesterday
58103The US - Mexico border edition.cnn.comsea_urchin-yesterday
58102Russia and Syria join forces to repel Israeli air strikes. Iron Dome downs Syriaphilv-yesterday
58101Americans face deadline to file paperwork for Huawei executive Meng Wanzhou'philv-Saturday
58100“The men the American people admire most extravagantly are the most daring liarssea_urchin-Saturday
58099That buzzfeed article has already been dismissed by the Mueller investigation tephilv-Saturday
58098Truth said in jest. Someone is sure to object. Perhaps the gsea_urchin-last Friday
58097>>What is one to make of this? Hollywood couldn't write a better scripsea_urchin-last Friday
58096It sure seems like things are coming to a climax when you read things like this:philv-last Friday
58095Reading headlines, it seems the fate of Huawei to do business and operate in thephilv-last Friday
58094>Is Bolton Steering Trump Into War With Iran? If there is to be a war betwesea_urchin-last Wednesday
58093 Buchanan: Is Bolton Steering Trump Into War With Iran? philv-last Tuesday
58092After years of speculation, IDF chief admits Israel supplied Syrian rebels with sea_urchin-last Tuesday
58091Good advice for Chinese, but a little too late for Meng. In philv-last Tuesday
58090Gold is still weak against the Dow. [graphic] Technically, I would wait until sea_urchin-last Tuesday
58089I haven't checked if the Dutch Central Bank is selling gold these days? philv-last Monday
58088The US Army is reinforcing its military bases in Northeastern Aleppo and Northersea_urchin-last Monday
58087Grim Middle East Reality by Stephen Lendman US forces came to Syria, Iraq, elsea_urchin-last Monday
58086Another opinion. Placing the USA on a collapse continuum with Dmitry Orlov [Thsea_urchin-last Monday
58085Say no more, nudge, nudge, wink, wink.sea_urchin-last Monday
58084I suppose Justin likes it that way. Who knows, he's colourful and a bit difphilv-last Monday
58083I suppose Justin likes it that way.sea_urchin-last Monday
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2019 Knight Sac Media. Data provided by IEX, Alpha Vantage, Coinbase, Binance, Fintel and CityFALCON News - See Terms of Use.