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To: Alex who wrote (4149)	12/11/1997 2:35:00 PM
From: Gary	Read Replies (1) \| Respond to of 116856

Alex, If you haven't done so already an E - mail to the World Gold Council may give you an authoritive answer.

To: Alex who wrote (4149)	12/11/1997 6:51:00 PM
From: Mark Bartlett	Respond to of 116856

Alex, <<Can you, or anyone, link me to a site which would provide me with a list of these banks. I was asked about this today, and was stumped.>> I recall saying this a few weeks ago, but can't remember where I read it. Leave it with me and I will try to find out. MB

To: Alex who wrote (4149)	12/11/1997 7:24:00 PM
From: Heretic	Read Replies (1) \| Respond to of 116856

Alex: The World Gold Council site will have your answers: gold.org Specifically, see A Digest of News about Official Gold Holdings and the Gold Market: gold.org And for anyone who is really interested in understanding gold supply and demand factors, I strongly suggest printing and studying: Gold Demand Trends, A quarterly review of the latest state of demand for gold in the leading gold-consuming countries of the world. gold.org REQUIRES ADOBE / VERY LARGE FILE !

To: Alex who wrote (4149)	12/11/1997 10:54:00 PM
From: lorne	Read Replies (2) \| Respond to of 116856

Hi Alex Came across this address about Central banks did not explore this site so don't know whats there, may be useful ? patriot.net

To: Alex who wrote (4149)	12/11/1997 10:59:00 PM
From: lorne	Read Replies (2) \| Respond to of 116856

Alex I am reposting this ,messed it up the first time, might you have any comment as to why EU bank would want a little gold instead of a lot. ECB to hold some gold reserves, paper says The future European Central Bank is likely to hold around 5% of its reserves in gold, according to a report in the German financial newspaper Boersenzeitung. Citing European central bank and government sources, Europe's leading central banks have informally agreed gold should account for 'a small percentage' of the ECB's reserves, the report said. The actual amount is still open, but is seen at around 5% of total reserves, the paper said. A final decision won't be made until countries participating in Europe's planned 1999 currency union have been chosen and the ECB established. The ECB will hold reserves of around 50 billion ECU and it hasn't yet been decided to what extent gold should fill the central bank's vaults. Gold is trading at twelve-and-a-half year lows on worries about central bank gold sales. There is also fear the European Central Bank's only holding 2.5 billion in ECU could lead to a massive gold selloff. The Deutsche Bundesbank holds 6.8 billion ECU in gold, making up around 13% of its total reserves.