Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Abner Hosmer who wrote (8495)	3/18/1998 10:24:00 PM
From: kimberley	Read Replies (1) \| Respond to of 116764

Tom, Thanks for the reply... I'm sure it has been discussed, but I don't get to read that much here, depending on how busy I am with other things. I realized gold was 'out of favor', but I didn't realize the central banks themselves were so blase about the intrinsic value of gold. This isn't the case with all, though, is it? Arn't France, Germany and others in favor of a decent % backing the Euro? Also. I know everyone wonders what percent gold they will hold, but will they also decide how much of that can be leased out? It seems leasing can put a lid on the price just as much as foward selling, etc. One thing I don't understand about the article... why did they say that non of the proceeds of the sale would go towards lowering their debt? That's probably another question that's been discussed a lot and I've missed.<g> anyway, thanks for taking the time to educate me on this. sorry about all the questions. best, kim