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

To: d:oug who wrote (91916)	12/18/2002 7:26:59 AM
From: d:oug	Respond to of 116833

Bank of England obtains more gold for leasing. . Source: groups.yahoo.com group gata . Dear Friends of GATA and Gold: . message 1338 . LONDON, December 18 (Bloomberg) -- The Bank of England reported today that it had taken deposit of Andorra's gold reserves under an agreement to provide the tiny country in the Pyrenees with an annual return of 43 pesetas through gold leasing. The bank's governor, Sir Edward George, said the Andorran reserves included a dozen Louis d'Ors in excellent condition and a nice linen sack besides. . CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.

To: d:oug who wrote (91916)	12/18/2002 12:42:52 PM
From: NOW	Respond to of 116833

Dow Jones] JP Morgan recommends buying gold on dips, noting "larger bullish bias remains" despite pausing from bull run after break of key $340.50/oz resistance yesterday, short-term overbought signals on intraday charts. Pegs near-term support at $336, short-term support at $330; says market could try $350 if gold picks up to $340.50 again. Spot gold now down 32 cents vs late NY at $337.35, off $336.50 day-low.

To: d:oug who wrote (91916)	12/18/2002 1:30:59 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 116833

disaster plan: sell gold, print currency, call it money / jw

To: d:oug who wrote (91916)	12/19/2002 1:49:13 AM
From: marek_wojna	Read Replies (1) \| Respond to of 116833

<<FRANKFURT, December 17 (Reuters) -- With the gold price flirting with $340, Bundesbank President Ernst Welteke announced today that Germany would consider selling its remaining national gold reserves... as soon as we can get them back." "We know just where they are too," he insiste>> This is 48th time German central bank is announcing this year plans to sell gold. Problem they facing only gold avaible for sale by Germans is still deep underground in S.Africa. BTW, Greenspan & co. are in the deep shit with the suit filed against Barrick. If they have any unsold reserves left they will dump it, we might see sudden reverse in POG, but IMO will be short lived.