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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ron Everest who wrote (35823)	6/24/1999 1:08:00 PM
From: Hawkmoon	Respond to of 116766

Ron, I don't think US gold has been sold forward. It has been leased, but physically it has not really moved from its storage site and delivered to a buyer. If someone has differing evidence, I would appreciate being made aware of it. Again, there is a difference between leasing that gold out on paper, not physically. Physical leasing would require physical replacement. Paper leasing requires paper replacement or paying off the obligation with cash. Regards, Ron