Gold Price Monitor Message Board

STOCKTALK

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. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.59

+2.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (35528)	6/18/1999 8:39:00 AM
From: lorne	Read Replies (1) of 116825

SPOT GOLD RALLY TO $263/OZ DIES AS MARKET DIGESTS SWISS NEWS London--Jun 18--News of opposition to Thursday's amendment in the Swiss constitution relating to the beneficiaries of gold reserves saw spot gold rally $5 to a high of US $263 per ounce this morning. However, prices later subsided as the news was digested and it became clearer that the opponents were more concerned over the use of sale proceeds than the gold disposal itself. (Story .13180) SWISS PARLIAMENT REJECTS AMENDMENT REGULATING GOLD SALE EARNINGS Zurich--Jun 18--The Swiss parliament in a vote of both chambers--Upper and Lower House--today rejected an amendment to the constitution designed to regulate how the earnings from the planned sale of 1,300 tonnes of excess gold reserves by the Swiss National Bank are to be used. This however has no influence on the SNB's planned gold sales. (Story .13595 LTCM DENIES GATA ALLEGATIONS IT MANIPULATED GOLD MARKET New York--Jun 17--Long Term Capital Management(LTCM) fund has denied allegations by the Gold Anti-Trust Action Committee (GATA) that the fund manager had manipulated the gold market. In an affidavit obtained by Bridge News, LTCM said it had never entered into "any transaction involving the purchase or sale of gold." However, LTCM said it has bought and sold publicly-traded gold mining company securities. (Story .20050) crbindex.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next