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To: LLCF who wrote (17480)9/11/2000 10:52:15 PM
From: pater tenebrarum  Respond to of 436258
 
they're big buyers of gold...the Middle East has been the region with the strongest percentage rise in gold demand this year.

the Saudis have even let it be known that they will accept the Euro in the future...something the US financial media have greeted with deafening silence thus far.

i suppose the sheikhs are getting ready for the day when the frizzelbun takes a nosedive...



To: LLCF who wrote (17480)9/11/2000 10:55:58 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
since we're talking about gold...the only place in the world where it's going down is the COMEX, where GS rules the trade.

in overseas trading the price keeps spiking up, every day. so there's buying everywhere else, and presumably the buyers are happy about the daily gift from Noo York...