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

To: Abner Hosmer who wrote (1057)	1/8/1998 1:13:00 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 1756

What I believe the futures mkt has discounted is a 5% gold reserves, and a 10% would be "considered" friendly and therefore might encourage pro shorters to begin lifting hedges a little quicker. To think that the % might be even closer to 20% is indeed supportive and why I was yeeeeehawin'... Yes, I saw the gold AND gross dollar reserves, but do some algebra/trig/calculus, or something... The facts we know are: existing NBB gold in tonnes... returned gold from EMI reserves and 20% number equals a+b... a=gold b=dollars 203 tons were off=loaded in 96...in order to get back the 40.xyz returned from EMI Now let me know what % you come up with... I'm no algebra gee-whiz...I always left that up to the guys in my class(grin) Looking forward to your best guesstimate reply.... O/49r