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To: long-gone who wrote (35418)6/15/1999 8:37:00 PM
From: lorne  Read Replies (1) | Respond to of 116762
 
Gold may be back on Special Import Licence list; PMO backs incentive for jewellery exporters
(Wednesday, June 16, 1999)
......." They point out that in 1998-99 gold imports which aggregated over $5 billion turned out to be the second biggest item in the import basket after crude oil ".........
Full story >>>
business-standard.com

Hi Richard. Found this statement interesting.
Lorne



To: long-gone who wrote (35418)6/15/1999 8:59:00 PM
From: Phil Jones  Read Replies (3) | Respond to of 116762
 
Richard, farmers' coops are legal if the country has legislation, such as the Wheat Board, Milk Marketing Board, etc. in Canada. The problem comes when another country's farmers feel that the farmers' coops are against GATT or some bilateral agreement between the countries. But if the world's gold producers got together and agreed to limit their production, what law would apply? Public international law wouldn't apply, and that is the only world law as such. Maybe if two producers were in one country, it could be looked on as a conspiracy to restrict trade within that country?