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

To: Wizzer who wrote (11136)	5/3/1998 6:01:00 AM
From: IngotWeTrust	Read Replies (2) \| Respond to of 116952

Yes, Tiger, there has...and here's a place to start...from my website: worldaccessnet.com The basic premise behind selling gold by some central banks of countries interested in qualifying.... started with the Italians deciding that if they marked their gold to market instead of the severely depressed prices/value it was on the govt books for, they'd reap a windfall asset readjustment, thus improving their debt to asset ratio, and then could pass muster for one of the criteria for EMU inclusion. Then the French did it... and the Germans bellowed! Then the Germans did it... and the Swiss bellowed! Then the Swiss got caught w/Nazi confiscated gold, and everybody bellowed, count'em ... 4 of the possible 15 sources of gold selling... Then the Australians saw what was going on, so they dumped 167 tons...and they aren't even in the EMU qualification process!!! ditto Argentina... Canada's has been selling all along anyhow... and USA's been doing a Houdini w/Mainland China so that all we have left in Ft Knox is a hologram and green tea. So, yes, my friend, there IS a connection, and it's a BIGGIE! However, the REAL QUESTION IS: WHERE IS ALL THAT GOLD... The answer will surprise you. O/49r