Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (70223)	5/24/2001 4:35:03 PM
From: TrueScouse	Read Replies (2) \| Respond to of 116893

Thanks for the WGC list... Very useful. <<WGC shows at 390.5 tonnes #15 on list of reserves but 11% of their total reserves. >> But this is 11% of "total foreign reserves". i.e. the Russian gold reserve is 390 tonnes, which is very little out of a total of 32,000 tonnes worldwide. So even if Russia were to sell, it should have no great impact on the fundamental picture. Interesting that Canada now has less than Thailand and Kazakhstan, and less than a quarter of Algeria's reserves! No wonder the loonie's worth only 64 cents :^) Regards, Howy