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Gold/Mining/Energy : Central Banks and Gold Sale Threats
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To: Proud Deplorable who wrote (44)6/10/2004 2:25:59 PM
From: Canuck Dave  Read Replies (2) of 54
 
I posted this somewhere before, but let me repeat.

If France sold all 3000 tons, that's 6 million pounds or about 100 million ounces. At currnt prices, that's 40 billion dollars. Oh, I see the number is in the report.

This amount is less than the US monthly trade or budget deficits. 3000 tons of gold a MONTH.

Sell away, monsieur.

CD
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