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

To: Enigma who wrote (55992)	7/10/2000 9:54:05 AM
From: Rarebird	Read Replies (1) \| Respond to of 116815

< Now we have certainty without hope.> I like hearing how hopeless the Gold market is. Again, I heard this same kind of talk in regard to equities in 1981/1982. Does the Washington Agreement state that the CB's must sell their gold reserves, or merely that they can if they so choose? In an ever changing economic landscape, nothing is written in stone.

To: Enigma who wrote (55992)	7/10/2000 10:10:16 AM
From: pater tenebrarum	Read Replies (2) \| Respond to of 116815

don't forget the Asian CBs may still be buyers. both the BoJ and the Bank of China actually have extremely low gold reserves that may be in need of beefing up. and a negative that's a certainty is still better than uncertainty. all the Wash. agreement does is LIMIT the amount of sales btw. it doesn't say this amount of gold HAS to be sold. what's more, it encompasses sales that were previously announced, like the SNB and BoE sales, which are the biggest chunks.