Javascript Disabled Detected

You currently have javascript disabled. Several functions may not work. Please re-enable javascript to access full functionality.

Get Ready: IMF Gold sale likely

Started by senorBS , Feb 10 2008 04:52 PM

Please log in to reply

5 replies to this topic

#1 senorBS

Member

TT Member+
11,218 posts

Posted 10 February 2008 - 04:52 PM

is going to be muy importante, get ready for a wild ride.

http://today.reuters...T_0_G7-GOLD.XML

NO BS

Senor

Edited by senorBS, 10 February 2008 - 04:58 PM.

Back to top

#2 leocleoc

Member

Traders-Talk User
62 posts

Posted 10 February 2008 - 04:58 PM

If my memory is working correctly, the last time these type of sales occurred it resulted in a drop of gold prices that lasted several weeks. Can anyone help me remember?

Thanks in advance.

is going to be muy importante, get reday for a wild ride.

http://today.reuters...T_0_G7-GOLD.XML

NO BS

Senor

www.2bfanatic.com

Back to top

#3 dougie

Member

Traders-Talk User
10,004 posts

Posted 10 February 2008 - 05:08 PM

agreed. the reaction...

Back to top

#4 dharma

Member

Traders-Talk User
9,912 posts

Posted 11 February 2008 - 01:25 AM

yes, initially the sales will drop the price. however,it will only present a buying opportunity. the sales will cause a correction in the prevailing trend. and my guess is the gold sale never hits the market, but is absorbed by one or two buyers. dharma