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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.04+0.7%Jan 16 4:00 PM EST
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To: John Hunt who wrote (32852)4/29/1999 5:41:00 PM
From: Enigma  Read Replies (2) of 116871
 
John - I think you're right in that the gold is deposited by member countries in the same way as shareholders inject equity - after that, however, the gold is the IMF's - but it takes a vote of 85% of the members for it to be sold by the IMF. At least seems the logical chain. d
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