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

To: John Hunt who wrote (24034)	12/9/1998 8:42:00 AM
From: lorne	Read Replies (2) \| Respond to of 117036

London--Dec 8--Recent revelations that the European Central Bank and the Bundesbank are to re-value their gold reserves at market prices is more evidence that the "mythology" surrounding gold is being replaced by a harsher economic realism, Mitsui Bussan analyst Andy smith said in a report entitled "To market, to market." "On any definition, these are admissions that gold is no longer special, no essential 'cost of doing central bank business', no overhead to be borne just for old time's sake. A wake-up call for sleeping dogs lying. A mining, almost mercenary approach," the report said. Story .12635