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


To: long-gone who wrote (41364)9/28/1999 4:57:00 PM
From: Jose Kranz  Read Replies (3) | Respond to of 116759
 
HI RICHARD,
I have a friend that thinks that the reason GOLD is going up ,is because the central banks have decided to sell only a certain portion of gold a year for the next five years(I believe it's 400 tonnes per year). My question to you or anybody following this post is,Is that the reason why GOLD is spiking up?
Also my friend( ? ) KUDLAW from CNBC is saying that even though GOLD is going up still there is NO INFLATION out there.
Any comments will be greatly appreciated.
Thanks