Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: goldsnow who wrote (36945)	7/10/1999 1:30:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116782

"the IMF...does not go ahead...it will...be the worst day in gold's history" Is that a threat?

To: goldsnow who wrote (36945)	7/10/1999 1:39:00 PM
From: PaulM	Read Replies (3) \| Respond to of 116782

(July 9) All that Glitters is Not Gold--But Base Metals and Oil asia.yahoo.com Maybe I'll store a few tons of copper as a hedge against inflation? Funny that the only real things not indicting reflation are those most capable of serving as stores of value ;-)

To: goldsnow who wrote (36945)	7/10/1999 5:32:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116782

Goldsnow, a very good article: ''If the IMF sale does not go ahead with the sales it will probably be the worst day in gold's history,'' the analyst said. ''If they can't use it they will give it back to members, and what will all those countries do with it?'' he asked. Fund members included countries which had sold substantial amounts of reserve gold in the past, and which would probably do so again. I was thinking the IMF would do much that {give it back}, if the sales weren't allowed to continue. Which is why I posted this to Bill: #reply-10452971 It mentions that they have 3 possible routes, sell it or give it back are the two most plausible. Hutch