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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Hawkmoon who wrote (6457)6/17/1999 8:08:00 AM
From: long-gone  Read Replies (1) of 81993
 
CANADA TVX CHIEF BATISTA SAYS ASIA KEY TO GOLD PRICE RECOVERY
Eike Batista, the president, chairman and CEO of Canada's TVX Gold Inc.
today said he is unable to predict when gold prices will improve, but added
that the turnaround could be closely tied to the recovery of Asian economies.
While Asian countries sold 50 tonnes of gold in 1998, as opposed to buying
900tonnes in 1997, "that region will buy gold again," sa
id Batista.
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