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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (26945)11/17/1997 12:24:00 AM
From: Bill Jackson  Read Replies (2) | Respond to of 35569
 
Marcos; There was a short release about a swiss bank having been caught with 40% less gold in its vaults than it had on record. If it was selling gold to depress the market to get a downward phase going to cover the large short position from forward sales and other shorters, it may not be alone.
Could be many banks like that, betting on a crash, sell and buy bak later at a profit in tonnage.

The Congo thing is Banro,, they have a thread and a web site. They are on the OTC market under TSE supervision. Retirement stuff..

Bill