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 97.99

+0.3%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert J Mullenbach who wrote (51209)	4/7/2000 12:42:00 PM
From: goldsheet	Read Replies (1) of 116753

> Has anyone figure out where the money went from the Gold sales all the years. In many cases it was probably done to improve the appearance of the central bank reserve accounts. The gold was on the books at $35 (or so), so selling made the books "look" better. Some European CBs may have done some rearrangements to meet various EU requirements. Reserves probably got invested in marketable government securities, relatively low return.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next