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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (152179)2/19/2002 3:19:31 PM
From: s.pecunius   of 436258
 
Yes, just a rumor at the moment, let me try to translate the important passage:
Traders said that BuBa chief Welteke's told the following to Bloomberg:
(Welteke makes a reference to the Washington agreement. And now the key sentence:)
"But I could imagine that we sell something of our gold slowly and reinvest the yields into something that returns a profit."

<g>It seems that he thinks something will yield more profits than gold in the future. Perhaps he wants to buy gold calls or Index puts? <g>
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