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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.07-1.7%4:00 PM EST

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To: Horgad who wrote (65036)3/7/2001 11:18:51 AM
From: lorne  Read Replies (1) of 116741
 
Hello Horgad. In your recent post about the latest gold rally the article said >>>" However, one US writer reports that the WGC recently sent out a letter to its sponsor members about problems in the physical gold market.

Jay Taylor, who edits a gold newsletter, said the council's letter complained that the Bank of England had for several days not lent any gold.

This, added the WGC, was unprecedented as the bank's short-term lending was vital to the London market."<<<
I'm I reading this wrong? It sounds as though the WGC does not want a gold rally??
Lorne
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