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To: Baba 2 who wrote (36653)	7/6/1999 12:35:00 PM
From: Enigma	Respond to of 116753

good stuff Baba.

To: Baba 2 who wrote (36653)	7/6/1999 1:11:00 PM
From: mick	Read Replies (4) \| Respond to of 116753

Who Has the Strongest Currency ?? The US of course, who also happen to own a majority of the worlds gold. The next largest holder is Germany who also seem to have a strong currency. I wonder where the pound will go ? Cheers

To: Baba 2 who wrote (36653)	7/6/1999 1:22:00 PM
From: Alex	Respond to of 116753

Letter to the Editor: Privatising gold Source: The Daily Telegraph London SIR - On the eve of the gold auction, Americans wish to thank you for dumping your gold reserves and replacing most of them with US dollars. Although Britain is likely to suffer no less than a $1 billion loss on its gold sales, the most important thing is that you have succeeded in making many Wall Street investment firms very happy. Those Wall Street firms and hedge funds that hold huge gold short positions are indebted to you for ever. Your gold sales are getting them out of a huge predicament. To show their appreciation, no doubt they will mail their British friends nice Christmas cards from their enormous estates in Greenwich, Connecticut. DAVID COHEN Los Angeles (Copyright 1999 (c) The Telegraph plc, London) _____via IntellX_____ Publication date: Jul 06, 1999 © 1999, NewsReal, Inc. cnniw.newsreal.com@2@11@3@1256&path=News/Category.NRdb@2@12@2@4

To: Baba 2 who wrote (36653)	7/6/1999 1:29:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116753

re: LONDON, July 6 (Reuters) - Executives from some of the world's leading gold miners demanded on Tuesday that British Prime Minister Tony Blair answer rumours that UK gold sales were timed to help out speculative short sellers in the market. The letter arrived as Britain sold 25 tonnes of gold, the start of a programme intended to cut reserves from 715 tonnes to 300 tonnes during the next few years. Chairman and chief executives at Canada's Placer Dome, U.S. miners Newmont Gold and Homestake Mining, South Africans Anglogold and Gold Fields and Ghana's Ashanti Goldfields, sought Blair's response to rumours that reserve sales were to bale out firms running short positions in gold. Hmmmm - Wonder why ABX ain't on this list