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To: Ken Benes who wrote (49271)	2/17/2000 6:57:00 PM
From: John Soileau	Respond to of 116753

Interesting, Ken, but who knows. Undisclosed CB selling is always a possibility, but then CBs quietly buy gold too. The NET change in CB holdings is what matters, and I don't think even Veneroso has the real skinny on that. Another explanation is that the shorts are still short, waiting for a propitious time, covering some here and there. If anyone knows, please tell me! John

To: Ken Benes who wrote (49271)	2/17/2000 9:11:00 PM
From: long-gone	Respond to of 116753

re: your post - "non-disclosed CB selling 24% of all that is left is a piddlin' amount... or to put it another way...tons and tons of what was "supposedly in strong hands/vaults of CB's" is widely disbursed in tons of applications and it isn't in personal jewelery...not if the two roundups in Korea and that other Asian nation (name escapes me)...is any indication...all they could round up was 8 tons between them...or approximately that much... No, it is my opinion that the gold is not is CB hands but in widely disbursed hands that will not cough it up for nationalistic rallying cry bailouts or in easily meltable 'coinage' etc. Where's the gold if the CB's don't have it and we aren't wearing it over in India or Bangkok? Is it possible it never existed or was plundered in past ages? Are the entire "registered" gold reserves of the world smoke & mirrors?

To: Ken Benes who wrote (49271)	2/18/2000 11:40:00 AM
From: long-gone	Respond to of 116753

From a friend: Well, now isn't that speeeeecial: $570 mil under water in their wrong way hedgebook loss so far, and they just added $100m to their indebtedness via this loan that will be used for non-specific purposes. Anybody able to read this can see what aformally acknowledged $670m in indebtedness coupled with a margin free futures and options "credit-line no-limit" in a rising POG environment will do to this company. The only ways out of this mess are: 1) deliver gold into hedgebook 2) buy back gold on open market to close position 3) do more strange stuff in the options market and worsen their original posture 4) get taken out 5) re-arrange the current BoD and divert everyone's attention again and transfer the legal fiduciary responsibility to 6 MORE new faces 6) ignore it and it will all go away while Ashanti's indebtedness gets bigger and takes the stock back down to below $2. Guess what the 17 bank cabal choice is?