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

To: goldsheet who wrote (42583)10/10/1999 12:37:00 PM
From: Benfica  Read Replies (1) | Respond to of 116779
 
I think when ECB limited the gold sales it is what initially caused the price of gold to go up. I don't know if this is true, but I remembered reading that OPEC is partially paid with Bullion and US$. Is it possible that ECB decided to limit gold sales to increase the gold value so they would not have to pay too much pay in US dollars? This is just a guess.



To: goldsheet who wrote (42583)10/10/1999 2:59:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 116779
 
Bob:

Mining production would not have risen anyuthing near 20% without this corrupt leasing game. Leasing has enabled some producers to keep mines open much longer than they should have during a bear market.

Wondering if any miners will be filing suit against the bullion banks for their lies and self-serving manipulation of the gold market. Also wondering about possible shareholder suits against gold mine managements.


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