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To: paul ross who wrote (8037)3/3/1998 9:23:00 PM
From: Terry Rose  Read Replies (2) | Respond to of 116779
 
Paul, I fail to see the logic behind the implication of more Central Bank gold sales because the gold lease rate is rising. If more gold sales occur, then there would be more physical gold available and less tightness in the market. Which should cause the lease rate to decline. The negative spin from the Central Bank of Portugal was once again predictable as to it's timing.

Terry,



To: paul ross who wrote (8037)3/3/1998 10:07:00 PM
From: Mark Bartlett  Respond to of 116779
 
Paul,

Simple - more anti-gold BS .... the cork is slowly working its way out of the bottle though.

MB



To: paul ross who wrote (8037)3/3/1998 11:02:00 PM
From: PaulM  Read Replies (1) | Respond to of 116779
 
Paul re: treasuries I suspected as much. See #7945. EOM.