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Gold/Mining/Energy : Gold Price Monitor
GDXJ 100.15+0.3%Nov 25 4:00 PM EST

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To: PaulM who wrote (34358)5/22/1999 7:21:00 AM
From: lorne  Read Replies (2) of 116764
 
New York--May 21--The Silver Institute said today in its World Silver Survey
1999 that government sales of silver jumped to 52.5 million ounces last year. At
6.2% of total supply, these sales were "more akin to the kind of levels
regularly seen in the gold market," the survey said. From 1990-97, net official
sector sales had accounted for only 1.3% of total silver supply, compa red 8.3%
in case
of gold. The bulk of the government sales came from China, Russia and the US,
the survey said. By Melanie Lovatt, Bridge News, Story .20749
crbindex.com
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