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


To: Donald McRobb who wrote (3155)11/14/1997 7:43:00 PM
From: PaulM  Read Replies (2) | Respond to of 116836
 
Lending gold is so convenient. Depresses demand and therefore prices--TEMPORARILY.

One thing I don't undersatnd about the article is the view that the "mad dog selling" of gold by central banks is to "dress up their books for admission to the EMU." I would thought that the EMU was to establish a reserve REQUIREMENT

??????