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To: MythMan who wrote (21464)	2/25/1999 10:12:00 AM
From: Cynic 2005	Read Replies (1) of 86076

Re. gold - you will get the answer. Put this one #reply-8024685 together with this one: <<REP PAUL: ''Even if central banks are willing to sell gold, what is their motivation?'' GREENSPAN: ''They are not doing it to fix the gold price. They are looking to sell stock of gold when they've sold on the grounds that 1) it costs to store the gold and 2) it didn't obtain any interest. So, they perceived it to be a poor asset to hold. The purpose was not to manipulate the price of gold.''>> My take: Incremental cost of storing gold is zip, unless of course they want to sell all of it. Obtain interest? Since when central banks have become per profit operations?

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