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

To: goldsnow who wrote (4409)	12/17/1997 9:51:00 PM
From: Jaakko	Respond to of 116762

Bolivian CB is lending out 89 tons of gold ....(sanity of short seller ought to be checked!!!) kitcomm.com P.S. Just thought about it! Whoever is borrowing the gold may NOT actually sell it but keep it for GOOD!!! (in this way there is no overhanging short position to be covered later at a potential loss) Talk about leverage for rising gold prices!!! I wonder if any CB would lend gold to Saddam Hussein (if they knew he was the guy "borrowing" the gold, that is)???? In any case, it is probably wrong to assume that all gold lent out is sold right away!!!