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To: Activatecard who wrote (62033)9/15/1999 1:43:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
SAF, <<We can only hope that the habit of selling what one can't deliver will apply to gold<gg>.>>

that may indeed be the case. there's quite a bit of anecdotal evidence that many owners of gold have no physical gold left in their vaults...for instance the Australian Reserve Bank has lent out ALL of it's remaining gold reserve. so all they have is a piece of paper that says they own a few tons of gold...but where is the gold?