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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.68+5.0%Nov 10 4:00 PM EST
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To: John Hunt who wrote (35331)6/14/1999 9:35:00 AM
From: lorne  Read Replies (1) of 116753
 
BBK WELTEKE: GOLD SALES FOR DEBT RELIEF COULD CAUSE PROBLEMS
Frankfurt--Jun 13--A weak euro in the long-term could raise the danger of
inflation, Bundesbank President-designate Ernst Welteke said in an interview
with German radio to be broadcast today. He added gold sales to raise funds to
provide debt relief could hit poorer gold-producing countries. (Story .10958)

LBMA SAYS MAY GOLD TURNOVER UP AT 32.6 MLN OZS IN VOLATILE MKT
London--Apr 11--The London Bullion Market Association said today that average
daily cleared turnover for gold in May rose to 32.6 million ounces, up a third
from 25.2 million in April and equaling the levels of May 1997 and 1998. The
value of gold turnover in May rose to US $9 billion from $7.1 billion in April.
A new average-price low of $276.442 per ounce was offset by a higher level of
ounces transferred--1,107, up from 898 in April but down a little on 1,262 in
May 1998. (Story .13504)
crbindex.com

Good morning John. I think is sorta good news. ?
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