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: jgibbs who wrote (39885)	9/1/1999 3:39:00 PM
From: russet	Read Replies (1) \| Respond to of 116984

The only reason I say that, is because those CB's (Canada, Australia, BOE, Swiss, and others) have announced gold sales in the past and present. They are on the record saying they have, or will sell their gold reserves down to lower levels. Whether they sell actual gold from their reserves on the spot market, or make the announcement of a sale of reserves so they can accept alternate assets instead of gold when a gold lease contract is due, amounts to the same thing I think. Either mechanisms results in gold reserves dropping. What do you, and others think?