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Gold/Mining/Energy : Gold Price Monitor

GDXJ 120.00

+2.0%

Dec 22 4:00 PM EST

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To: Abner Hosmer who started this subject	2/19/2002 5:02:12 PM
From: Square_Dealings	Read Replies (1) of 116822

Germany is the latest in the shell game....musical chairs on the gold booty 14:03 ET Bond Ticker : The gold plunge has come in the wake of comments from Bundesbank President Welteke, who said that Germany wants to "slowly" sell some of its gold to move into assets that offer a return beyond potential capital appreciation. Note that the Washington Accord of 1999 limits gold sales by European central banks to about 400 tons a year... The Gold and Silver Sector Index (XAU) has traded off 3.9% on the session.

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