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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (3731)12/21/2003 4:32:11 PM
From: Condor  Respond to of 110194
 
Thanks Kyros,

That puts a different slant on it. Not so straight forward.

The heading is "Gold's - % share of reserves**"

** The %'age share held in gold of total foreign reserves as calculated by the WGC.

Let's see....54 div. by 100 x's the tonnage of 3024.8 x's the euro value. Carry the one and divide by......
Phew.....Economics 101 all over again.
I forgot my cardinal rule...Remember C, it's not the Science of Economics, it's the Study of Economics.%#@*&^$

Thx K,

Cheers

C


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