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

To: Stephen O who wrote (25453)	1/6/1999 7:32:00 AM
From: long-gone	Respond to of 116752

re: Gold reserves in Euro land Stephen, Was there any note of how these reserves were valued? were they valued at spot? I knew Europe was planning to "revalue" gold reserves, was this done? I just wondered exactly how many oz or grams or tonnes this "$117.4 B" worth of gold represents.Did you note the line item under #5 - titled "credits related to margin calls"? Have these whole "gold has no value, there is excessive inventory of silver" & "all the world Central Banks will sell all remaining gold" just so much B.S. to make the whole world question what everything is worth so that there might be a more easy introduction of the new Euro. and a weaker $? Could we now see a propaganda swing? Of late, I've seen adds for mutual funds saying "We are ready for tomorrow with currency funds, commodity funds, precious metals funds". Could this whole thing have been a ploy so that Europe could "unlock" the value of gold reserves & revalue to (near) spot? rh