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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

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To: John Hunt who wrote (30117)	3/16/1999 12:05:00 PM
From: John Hunt	Read Replies (2) of 116892

IMF says gold sales would need US Congress backing << The International Monetary Fund cannot make any decision on selling gold until its biggest shareholder, the United States, is authorized by Congress to approve the sale, an IMF spokesman said on Tuesday. The spokesman said the IMF had not yet made any decision or set any date to discuss sales from its gold stockpile of 103 million ounces. >> biz.yahoo.com

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