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

To: lorne who wrote (62688)1/15/2001 4:53:02 PM
From: lorne  Respond to of 116764
 
India Gold-Deposit plan not seen hitting imports.
Naveen Thukral
01/15/01
" Banks can lend out the collected gold to jewellers and other merchants in the local market. They also have the option to sell the gold domestically or to other nominated banks."
full story >>>
live.altavista.com



To: lorne who wrote (62688)1/15/2001 9:29:11 PM
From: long-gone  Respond to of 116764
 
<<"People are unwilling to part with gold. This mentality has to change," the official said.">>

Hardly! When we know the bankers of the world are short gold, why would anyone with 1/2 a brain loan them another gram when the chances of getting it back are so slight?

Might I suggest none would agree except those getting a part of the GRAFT & corruption!


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