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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (14707)7/24/2003 2:45:47 PM
From: gold$10k  Respond to of 39344
 
CD,

Thanks for the link. Actually, that agreement limits the amount of gold sales.

vt



To: Canuck Dave who wrote (14707)7/24/2003 3:02:26 PM
From: Louis V. Lambrecht  Respond to of 39344
 
Claude, they are "expected" to extend. Hence: blah, blah!

Rem: the Washington Agreement is a gentlemen's agreement. Not a treaty, no force of law, no penalties,...
Hence no need to "extend" the agreement, are there is no deadline, but just a refence to 5. This agreement will be reviewed after five years
26 septembre 2004 is not a deadline, the "gentlemen's"agreement remains valid, even if not reviewed. (or until one member would be considered to not be a gentleman anymore <vbg>).
Also, that agreement can be reviewed later, not specifically on 26 sept 2004.

text of the agreement:
gold.org



To: Canuck Dave who wrote (14707)7/24/2003 3:13:19 PM
From: Eva  Read Replies (2) | Respond to of 39344
 
RE :
news.ft.com

I just finished reading

<<There is no need for the central banks to hold gold because they do not have a currency to defend ...>>

My god , where do the live? I am just shaking my head !!

That is the stuff they feed to the masses, incredible!
I thought the european Press is any better than in N.A (North America)

ohhhhhhhhhhhva