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


To: PaulM who wrote (36157)6/30/1999 1:24:00 AM
From: Alex  Respond to of 116900
 
<<One other interesting fact that can be relied upon, is that the BOE did between 1965 and 1971 reduce its gold holdings from 2012 tonnes to 690 tonnes, over two thirds of its gold reserves, at a market bottom (US$35 per ounce, prior to a ten year move to US$850) and it certainly seems determined to achieve this result again.

Trying to convince the gullible public that gold is worthless is a stunt that has been pulled before, repeatedly over many years, always by the same group of people, always for the same reasons. They have never succeeded yet and it is unlikely that this time will be any different.>>

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