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Gold/Mining/Energy : GOLD-XAU -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (1054)	1/7/1998 10:47:00 PM
From: Abner Hosmer	Read Replies (1) \| Respond to of 1756

Sure, I'll take another shot at it. I guess I missed the most important part: >>European central banks participating in the European Monetary System lodge 20 percent of their gold and gross dollar reserves with the EMI<< Is it possible that they will hold 20% of their reserve base as gold? How'd I do this time? Tom

To: IngotWeTrust who wrote (1054)	1/11/1998 9:39:00 PM
From: philv	Read Replies (2) \| Respond to of 1756

O/49r: Re: Another (Thoughts) As I originally alerted this thread regarding the above and offered an analysis of his "thoughts", I want to follow up with his latest posts on the Kitco Gold discussion forum. His latest statements, the most significant of which is his assertion that "OIL" has ordered the BIS not to lower the price of gold below $280.00 kitcomm.com He makes several posts in response to questions, the most significant one (IMO) is the reason why "OIL" wants to keep the price above "production" cost of $280. Which is they do not want the C.B.'s to be the sole provider of GOLD. kitcomm.com The test of this poster is now very simple. Gold cannot go below $280.00, and will most likely rise henceforth. Phil