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Gold/Mining/Energy : Gold Price Monitor

GDXJ 127.15

+0.4%

Jan 15 4:00 PM EST

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To: John Hunt who wrote (25794)	1/11/1999 5:20:00 AM
From: John Hunt	Read Replies (3) of 116857

Increases in European Gold Reserves Posted by rikan on the Gold Eagle Forum ...... << Last Friday, January 8, a statement was issued by Marston Webb International on behalf of the World Gold Council, listing the Gold Reserves of various Nation's Central Banks. Three nations show significant increases in their gold reserves, relative to previously published figures gleaned from various articles held in the Gold Eagle "Library". They are . . . Germany, up 509 Tonnes from 2960 to 3469 Tonnes. France, up 474 Tonnes from 2550 to 3024 Tonnes. Italy, up 378 Tonnes from 2074 to 2452 Tonnes. If these figures are correct, then the Europeans have been very busy indeed. Maybe the Europeans are still "into heavy metal" ? >> Nice to hear about who is buying for a change, instead of who is selling. :-))

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