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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

4:00 PM EST

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To: mikesloan who wrote (427)	7/14/1997 12:37:00 PM
From: PSkars	of 116790

To All: Sounds like Germany is selling Oil instead of Gold now! biz.yahoo.com is the URL which has the article. My wife, who is an excellent research analyst, found the article for me. It states that "Germany will sell off 400 million marks worth of strategic crude reserves this year to plug a growing budget deficit". Sounds like they decided to stop selling gold and start selling something that hasn't fallen so far in value. This could be a switch in central bank strategy...sell off something that is worth selling. Best of Luck Phil

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