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


To: banco$ who wrote (18652)9/12/1998 11:25:00 PM
From: Investor-ex!  Read Replies (1) | Respond to of 116877
 
Hi banco$,

Interestingly large discrepancy. I wonder what the true numbers are.

Is it possible that the central banks' total reported gold "inventory" is not actually physically present, having been lent out to other central banks or other entities resulting in multiple counting? Or, perhaps, through multiple leasing of the same gold stock, the reported gold reserves are inflated? That makes sense, doesn't it? Inflated gold supply = deflated gold price!

Let's demand a world-wide gold audit, first thing Monday morning! :o)



To: banco$ who wrote (18652)9/13/1998 8:55:00 AM
From: long-gone  Respond to of 116877
 
RE 35,000 tones
before or after the "sales"?
Like I said before, how many here would write their congress persons / senators asking for an (outside)audit of the U.S. gold reserves?
rh