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


To: Ron Wilkinson who wrote (3928)12/7/1997 5:32:00 PM
From: Mark Hutnick  Read Replies (2) | Respond to of 116814
 
To All,

Has anyone attempted to pick up on this thought....we know that the US has 1/6 to 1/4 of the world's gold in its reserves ( or some large amount, anyways). We also know that the US has not sold one single stinking ounce of gold over the past 3 years..>EVEN AS IT HAS GONE THROUGHT THE FLOOR!!!!! Even as they have lost mucho value of this holding. WHY??
THey obviously are holding it for some 'significant' reason. Willing to take a lost over the past several months like you wouldn't want to write home about. WHY???

Expect a turn around to say the least.. THoughts welcomed