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

To: TrueScouse who wrote (70259)	5/24/2001 5:17:16 PM
From: long-gone	Read Replies (1) \| Respond to of 116897

Not a problem, notice how Canada released TWICE they intended to sell the rest of their gold during the rally - with no reason - without being asked?

To: TrueScouse who wrote (70259)	5/24/2001 5:55:00 PM
From: gold$10k	Read Replies (2) \| Respond to of 116897

The BOE auctions are only 25 tons every few months, which (if I remember correctly) is also small compared to even the amount of gold traded daily in London. However, up until recently they have had an impact on the gold market, and the initial announcement killed a strong rally almost exactly 2 years ago. The announcement and the size of the Russian sale is not so much the issue as the market's reaction to it. I am looking for the reason why it will be different this time. vt