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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Don Green who wrote (23789)	12/3/1998 11:31:00 AM
From: dwight vickers	Read Replies (1) of 116764

- - - - - - - "The European Central Bank has declared that any future sales of gold by individual central banks must be approved by the ECB", observes Adrian Day's Investment Analyst. "The ECB is dominated by strongly pro-gold members: France, Germany, and Italy. We don't expect them to approve large, uncoordinated gold sales in the future. That's good news for gold prices." - - - - - - -

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