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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (7655)9/5/1999 11:13:00 AM
From: long-gone  Read Replies (3) of 82047
 
<<If is is true, however, then AngloGold has no right to blame BOE for dropping the POG and messing up the economies of some African countries when its own actions are equally to blame. >>

Searle,
AngloGold has far lower hedged positions(as a % of total reserves) than do some other producers. When I looked as deeply as I could, the producers you mentioned had around 45-55% of total supplymore than enough to do what you speak of), though gold fields has reduced output.

What you should look at is total number of oz sold by ABX, is it not more than total amount they produced? Can the same be said about Anglo or goldfields?
richard
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