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

To: Lane Hall-Witt who wrote (39051)8/15/1999 2:23:00 PM
From: Bobby Yellin  Respond to of 116927
 
"He pointed out that central banks only
hold about 25% of above-ground stocks
of gold and that only six major central
banks were engaged in gold sales.
However, "fear has driven perception",
Baxter said. "
who has the other 75 percent I wonder
ps I am a firm believer in what goes around comes back much harder..



To: Lane Hall-Witt who wrote (39051)8/15/1999 5:24:00 PM
From: long-gone  Respond to of 116927
 
<<To say the least, it's sobering that Goldman was alleged to have been on the short side and then suddenly pops up long 14.8 tons; at the same time, it certainly seems "convenient" that Goldman was able to pick up a boatload of metal at the lowest prices in 20 years, even as the speculative side of the market was building a large net short position.>>

I understand proper DA's & regulators don't believe in the concept of"convenient chance".


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