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: long-gone who wrote (42350)	10/7/1999 1:26:00 PM
From: ali	Respond to of 116894

Hi Richard,that is a great collection of gold countries! Do you think their collective disposable holding is 10 tons?I could as well add my deposit boxes content,but then that is not on the market yet either.:-) Until this uncertain short situation is out of the way, there will be a lot of private gold withheld, some of which might have reached the trade channels at the $300-320 level in normal times.Now everyone (me included)is waiting for this magic $600-800 level before the selling temptation sets in again.Multiply that by a million people!

To: long-gone who wrote (42350)	10/7/1999 2:52:00 PM
From: goldsheet	Respond to of 116894

> 1. Some in South / Central America - but not much left Some decent amount still there. Venezuela has 10moz, Brazil has 5moz > 2. Canada - but INHO very only limited amounts Canada is well under 2 million ounces > 3. Iceland, but only maybe Kidding, right ?? They have 2mt, about 60,000 ounces ( about 8 hours worth of primary world gold mine production ) > 4. some smaller southern African countries Don't think they hold much gold reserves. > 5. RUSSIA - but most above ground gold may already be sold - long gone Hard to figure what they have, first they sold almost all of it off, then started buying it back (like Poland). They probably have about 15moz. ref: gold.org