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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%4:00 PM EST
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To: d:oug who wrote (61208)4/25/2001 5:10:35 AM
From: d:oug  Read Replies (1) of 116756
 
Gata Nut News - Heard through the Gata Grape Vines UIUO

GNNSN - Gata Nut News Special Notification

UIUO - Unverified Information of Uncertain Origin

Washington Agreement Part II
a.k.a. If at first you do not succeed, try again.
a.k.a. If the USA manipulates the first try, try again.

... appears to confirm the information I have received
about the European banking meeting.

(The Bundesbank Gold "Swaps")... Helmut Kohl's watch.
There may be confidentiality clauses in the "swap" contract.
So lips are sealed in Germany. Hans Tietmeyer is the new
Bundesbank President and has inherited the gold mess.
... any wonder that he is hammering Chairman Greenspan
calling him "...a slave to the financial markets"?

Tietmeyer has organized a central bank conference in Turkey in May.

Any bets on whether it will be the second Washington Agreement?

Since the Bundesbank no longer holds it's own gold
(now in the US Mint's West Point vaults) they may now wish...

The Bundesbank's vaults...empty of gold...who could have...

Tietmeyer has been around long enough for the recent
Bundesbank activity to have occurred on his watch.

In 1997... a split in the Bundesbank and German bullion banks
... elders were pro-gold - against the German lending activity.
The "youngins" were anti-gold and wanted it mobilized.
It is clear that youth won out to a degree and won the battle.
It is just as clear that they have lost the war.
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