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

To: Richard Mazzarella who wrote (37646)	7/23/1999 1:06:00 PM
From: long-gone	Respond to of 116791

<<John, <<Have you seen any banks with copper, zinc or oil in their vaults?>> Yeah, I think they're called futures and hedge funds held by banks, and there's less and less gold held by the banks every day.>> I guess other good questions would also be: 1) will there come a day when the banks hold no gold 2) is that day here yet due to their gold loans 3) is there in fact a negative gold balance overall due to short positions and derivatives 4) will there be a sharp rebound in demand for physical metal when the paper at last shreds 5) could this be near the last day and it's only up from around here