SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (59034)9/28/2000 2:40:39 AM
From: The Vet  Read Replies (1) | Respond to of 116762
 
<<Alex, could you please (anyone) explain to me what benefit Australian shareholders/taxpayers (and $A) have derived from selling their Gold few years back? Perhaps they needed sale to finance Exuberantly Expensive Sydney Olympics? :)>

I've heard some say it is related to socialized healthcare costs >>

If only it were that simple - everytime they need more money for health they just add a couple of percent extra onto the compulsory "medicare levy" - just a straight forward extra increase in income tax....