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To: IngotWeTrust who wrote (52033)4/29/2000 1:28:00 AM
From: PaulM  Respond to of 116767
 
CENTRAL BANKING JOURNAL (Vol. 10.2): THE FUTURE OF GOLD

"Some thoughtful observers feared that the central banks had not thought through the possible impact of [the Washington Agreement] . . . . The agreement itself . . . apparently makes no allowance for the possibility that they might wish to expand lending . . . such as a lending operation for a bullion bank requiring liquidity."

"the longer term result may be to bring gold right back into the system in a way that even the gold-loving central banks of continental Europe did not intend . . . ."

Select the Central Banking Journal from the list of publications. Then scroll down to "The Future of Gold"

centralbanking.co.uk