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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Bill Murphy who wrote (1412)10/7/1998 8:29:00 PM
From: skelly  Read Replies (1) of 81177
 
Bill:
In your commentary in your other sight you state that LTCM's gold short position of 300 tons (nearlly 20mm ozs.valued today at $6 billion has been taken care of by an "off market transaction".)
Can you be more explicit as to what this means as I do not understand how the lenders of this quantity of au can give it up or is it being replaced by other assets?
TIA
cheers
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