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Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.27

+3.5%

4:00 PM EST

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To: lorne who wrote (3796)	12/3/1997 7:41:00 PM
From: PaulM	Read Replies (3) of 116852

And Switzerland. Good Point. Those CB's that have too much are selling to those that have less? Just for fun, I bought a Gold Eagle today at my local Republic State Bank (they're in the world trade center building). I say just for fun because it's the only gold I own and you can't really invest less than $1000 worth because you end up paying sales tax, which in this Big Apple, Hel-of-A-Town, City-that-never-sleeps is 8%. Bit more than a commission. Anyway, I guess they were afraid I was cornerign the market. Because they got my ss #, name, adress, driver's license #, etc. I asked why and they said they have to report it to the govt. Something I didn't know until today. I think that's curious. Anyway--it reminded me that maybe what we are seeing is an attempt to congtrol the price of AU in the global economy, as more drastic measures (confiscation) is impossible world wide.

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