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To: Lucretius who wrote (103254)5/18/2001 2:52:11 PM
From: John Pitera  Read Replies (3) | Respond to of 436258
 
14:43 ET Gold Rally : In addition to factors mentioned in 13:04 comment, also hearing trading floor speculation that the Bank of England, which has been auctioning its gold reserves, might reduce or eliminate its sales. In today's Bond Brief, Briefing.com noted that the BOE had reduced the size of its gold auction to 20 tonnes this Tuesday from 25 tonnes at the prior 11 auctions; this reduction might have been the trigger for today's speculation.