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

To: Karl Zetmeir who wrote (3742)	12/2/1997 11:39:00 AM
From: Traveling Man	Read Replies (1) \| Respond to of 116815

Karl and all, A thought on the Swiss announcements. They obviously wouldn't announce a sale of a national asset which would drive down prices before THEIR sale. I think they have to compensate the heirs of WWII depositors who got ripped and the cheapest way for them to do it is to have gold go lower so they can BUY IT and repay these heirs in the cheapest way. All other theories aside, Switzerland's economy for centuries has relied on foreigners making deposits in Swiss banks because they believe in the integrity of the SFRANC and privacy. The Swiss population has already voted to stay OUT of the EU and the proposed sale of gold by the Holocaust commission was for 99 and must pass a referendum. Poles show the people strongly against such sale. I think they are taking advantage of all the bearish sentiment here independently of any other CB shenanigans. TM