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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (18360)5/23/2003 2:51:34 PM
From: Jamey  Respond to of 81956
 
Darleen, if you are interested in follow up. here is a link to a more detailed report on the new gold fund.

cbs.marketwatch.com

"Yet in the course of the past 12 months, more than one gold mining executive has told me they see the price of gold rising in the short term to $600 an ounce after the launch of the NYSE-traded ETF. What is the short term? A year or less. The World Gold Council in its filing says it will scrap the new fund if gold in the trust's London-based vaults amounts to less than 1 million ounces at the end of a year."