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

To: Little Joe who wrote (14485)7/14/1998 11:51:00 AM
From: Pete Mimmack  Read Replies (1) | Respond to of 116768
 
Everyone: 20% gold holdings for EMU?

"While the estimate made by European Central Bank President Wim Duisenberg of
10%-15%was in line with projections circulating at the beginning of the year, more
recent market rumours had been seeking levels of 20% or better. "(Our emphasis)
------London Bullion Market Association 7/13/98

from usagold.com

USAGold goes on to point out that the LBMA generally doesn't discuss rumours, so this one may be substantial.

Pete



To: Little Joe who wrote (14485)7/14/1998 12:10:00 PM
From: long-gone  Read Replies (1) | Respond to of 116768
 
LJ,
the way I see it, I think it may be due to lay-offs.
rh


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