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To: Alex who wrote (3634)11/28/1997 3:27:00 PM
From: Sergio R. Mejia  Read Replies (1) | Respond to of 116897
 
Hi Alex: Gold doesn't have any pulse today. Clinically dead!

kitco.com

No trading today?
Regards,
Sergio



To: Alex who wrote (3634)11/28/1997 4:38:00 PM
From: Wade  Respond to of 116897
 
Alex,
Thanks for the link.
I think the CB's will not sell or loan as much gold as they did in the last two years. They should have realized that they have killed the golden goose right now. The more they sell the lower the price will be. Their stock piled gold will worth much less if they do not control the situation. The Australians probably very regret of what they have done. Looks like PGU is going down the tube. I wonder if it was a net profit or a loss so far since the Aussies after their announcment of 167 tonn of gold sold.

Sincerely,
Wade