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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (2522)12/9/1998 2:38:00 PM
From: sea_urchin  Respond to of 81143
 
"So just maybe they would rather have the US Dollars, and NOT gold at all."

Nothing wrong with that. I'm not aware of any law that says they can't sell their gold for whatever currency they choose. After all, if gold is not a commodity, it's also a currency. It's unfortunate that so many believe it is something more than that!



To: Zardoz who wrote (2522)12/9/1998 3:22:00 PM
From: Al Cern  Read Replies (1) | Respond to of 81143
 
Why then didn't they sell the gold outright and get their t-bill interest instead of the miniscule lease rate, that has a much higher credit risk associated with it.

Sincerely,

Al Cern


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