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

To: lorne who wrote (42211)	10/6/1999 12:15:00 AM
From: PaulM	Read Replies (1) \| Respond to of 116837

Lorne, just FYI, it was the Australian CB, not Austrian CB, that said it had no plan to sell in the future. I see this as mostly a public relations statement because the ANB had earlier anounced that one half of its gold reserves were already sold, and that the other half were leased. (Wouldn't worry too much about empty vaults in Australia though. As a group, the aussies are probably most short (oops--I mean "hedged") of any producers. If they default, I suspect the CB will obtain some interest in the mines.)