Tom,
Thanks for the reply... I'm sure it has been discussed, but I don't get to read that much here, depending on how busy I am with other things. I realized gold was 'out of favor', but I didn't realize the central banks themselves were so blase about the intrinsic value of gold. This isn't the case with all, though, is it? Arn't France, Germany and others in favor of a decent % backing the Euro? Also. I know everyone wonders what percent gold they will hold, but will they also decide how much of that can be leased out? It seems leasing can put a lid on the price just as much as foward selling, etc. One thing I don't understand about the article... why did they say that non of the proceeds of the sale would go towards lowering their debt? That's probably another question that's been discussed a lot and I've missed.<g> anyway, thanks for taking the time to educate me on this. sorry about all the questions.
best,
kim |
