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To: Alex who wrote (11566)5/12/1998 8:21:00 PM
From: PaulM  Respond to of 116834
 
Alex, the acknowledgement of 4000 tonnes of leased gold, though probably an underestimate, is quite an admission, don't you think?

Considering that the gold isn't just waiting around to be returned to the lender, but rather has been consumed, and considering that the net sale of 4000 tonnes from cb sources would be unprecedented, unless over a period of many years.