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To: Alex who wrote (21952)10/19/1998 3:11:00 PM
From: Sergio R. Mejia  Read Replies (2) | Respond to of 116764
 
Alex: This is the line. "GOLD Argentina's plan to sell its gold reserves hurt prices Monday."

is it just a "plan"?

sergio




To: Alex who wrote (21952)10/19/1998 3:38:00 PM
From: waldo  Read Replies (2) | Respond to of 116764
 
Thnx everyone....count on GPM to get to the bottom of any rumor.

W



To: Alex who wrote (21952)10/19/1998 5:06:00 PM
From: Ken Benes  Respond to of 116764
 
There are two considerations for the Argentina gold sale: first, how much do they have, and secondly, this is kind of strange considering the weakness in most developing countries currencies. It is possible, they may be expecting a run on their currency and are trying to build up their capital reserves in dollars to meet contingencies.

Ken


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