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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: Ken Benes who wrote (54285)6/14/2000 10:59:00 AM
From: pater tenebrarum  Read Replies (1) of 116762
 
however, the Swiss gold sales are included in the Washington agreement (as are the BoE's sales, a 90 ton disposal by the Austrian CB and 300 tons by the Netherlands), which limits the combined sales by the signatories to 400 tons per year.
markets never worry about known quantities, especially as these 400 tons are very little in terms of the annual supply/demand gap.

hb
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