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

To: Enigma who wrote (8365)	3/16/1998 9:16:00 AM
From: Bobby Yellin	Respond to of 116770

I have been monitoring that commodity link at top of gold monitor thread to see about natural gas and gold..and Canadian dollar.. William Jepson posted a bit back when he said when the big boys want gold to move it will move.. Watching for fundamentals is like the little child in the Emperor's new clothes fable..or the reverse of the boy who called wolf.. also reading the earnings of some of Canadians oil service sector... another indicator for gas exploration..also looking at some natural gas stocks whose prices are way down but obv looks great you are dead on about it those Asian currencies were backed by gold rather than by paper.. then when you read the article posted by Alex..one wonders why the dollar is so very strong and why it will probably remain very strong.. wolf wolf

To: Enigma who wrote (8365)	3/18/1998 6:14:00 AM
From: Angelo Ferraro	Read Replies (4) \| Respond to of 116770

looks like the Belgians this week, biz.yahoo.com BRUSSELS, March 18 (Reuters) - The Belgian central bank said it sold 299 tonnes of gold in the week to March 16, slashing the value of its gold reserves by 103 billion francs and raising its foreign exchange reserves by 110 billion francs. (figures from the weekly statement in bln francs) - Gold reserves 61.16 (- 103.34) Foreign currency reserves 582.22 (+ 110.24) Advances against pledged security 19.95 (- 0.67) Commercial bills 2.84 (+ 0.02) Securities portfolio 25.78 (- 0.00) Money market interventions* 89.00 (+ 2.00) Bank notes in circulation 444.38 (- 0.06) * comprises repurchase agreements and interbank loans