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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST

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To: Little Joe who wrote (14485)7/14/1998 11:51:00 AM
From: Pete Mimmack  Read Replies (1) of 116770
 
Everyone: 20% gold holdings for EMU?

"While the estimate made by European Central Bank President Wim Duisenberg of
10%-15%was in line with projections circulating at the beginning of the year, more
recent market rumours had been seeking levels of 20% or better. "(Our emphasis)
------London Bullion Market Association 7/13/98

from usagold.com

USAGold goes on to point out that the LBMA generally doesn't discuss rumours, so this one may be substantial.

Pete
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