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


To: hunchback who wrote (39007)8/14/1999 4:53:00 PM
From: Lane Hall-Witt  Respond to of 116906
 
From: Washington Post, Page E1, August 14, 1999

Goldman, Sachs has amassed $124 million of gold bullion, saying it expects demand to improve in the months ahead. Goldman has taken control of half the gold in New York Mercantile Exchange warehouses, according to exchange records. Goldman described the transactions as normal business activity, though some traders speculate that a shortage may be developing.

washingtonpost.com