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


To: Ken Benes who wrote (49981)3/3/2000 10:49:00 AM
From: Enigma  Read Replies (1) | Respond to of 116767
 
Barrick's additional 1.6 million ounces is old news to those following the stock - so the market has it factored in.

CBs selling adds to the amount of traded gold - it doesn't add to the amount of gold in the world - but it is the same as production - it is sold in the market. Yet governments try to tinker with the supply of paper all the time.