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

To: long-gone who wrote (45324)	11/26/1999 9:10:00 AM
From: Enigma	Read Replies (1) \| Respond to of 116770

The announcement by the 15 CBs - with supporting statements by the Fed and Japan - places other CBs in a strange position - where it will be a disadvantage to reduce gold holdings. The Canadians have sold most of theirs anyway - so they don't count. Kuwait has 79 tons which it will lease but not sell I believe - a bit player - it would be my guess that there are a few CBs who have bought more than that this year - but you will note that nobody on this thread (of the dump on CB persuasion) ever thinks of CBs actually, and routinely, BUYING the stuff! Yet every year CBs buy and also sell. d

To: long-gone who wrote (45324)	11/26/1999 9:33:00 AM
From: Terry Swift	Read Replies (1) \| Respond to of 116770

Richard: IMO, the general public is so ignorant (uninformed) as to what is happening with the POG, the Fed has little concern about any kind of retribution. The stock market, however, is another story. A loss of control by the Fed which results in a market crash will take main street with it this time due to the large percentage of US citizens invested in a market they believe can never go down for more than a few days. That will have enormous political and social consequences.