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To: ild who wrote (31403)	10/26/2000 10:05:30 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

i hadn't seen it...if true, it'd blow the gold carry trade out of the water in about 2 nano seconds... i'd have to look closer at the fund...no opinion off the cuff.

To: ild who wrote (31403)	10/26/2000 10:31:00 AM
From: flatsville	Read Replies (1) \| Respond to of 436258

Is this the story?-- Repeats: European central banks might increase gold reserves Tokyo--Oct. 25--European central banks might increase their future gold reserves because of reduced "risk-free" assets available in the global market, Herve Ferhani, head of the foreign exchange division of Banque de France said on Wednesday at the Nikkei Gold Conference in Tokyo. He said he sees United States bonds and gold as global risk-free assets and added that gold is one of the few options available to replace the US bond, or even the only option. ( Story .26864 ) Holy crap...Does any one actually listen to this guy?