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

To: Bill Murphy who wrote (3261)	2/1/1999 1:43:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 81019

Is Buffet Back Again? (From LFG) ......continuing rumors that guess who? (Warren Buffet) is back in the market in silver because the brokers he used to buy his 130 million ounces a year ago have been major buyers this last week. We donft believe this rumor much. However, the one sign of a bull move that we have been watching has begun to occur. Lease rates in silver have moved sharply the last two days indicating tightness in the market. The physical market is very tight with Indian imports providing support.

To: Bill Murphy who wrote (3261)	2/1/1999 1:59:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 81019

Looks like a BIG short squeeze to my untrained eye: The specs are sooooo short and the commercials sooo long.....someone is going to be in deep merde soon. gold COT: 1/29/99 --FWN--As of Jan 26,1999 (CONTRACTS OF 100 TROY OUNCES) -- --- --- LONG CHG SHORT CHG %OI Non Commercial 9,861 +265 70,853 +5,975 22.3 spreading 15,552 -3,293 15,552 -3,293 8.6 Commercial 125,046 +437 60,260 -9,030 51.1 Tot lrg trader 150,459 -2,591 146,665 -6,348 81.9 Small traders 30,871 -224 34,665 +3,533 18.1 Total OI 181,330 -2,815 THC

To: Bill Murphy who wrote (3261)	2/1/1999 8:34:00 AM
From: chevalier	Read Replies (1) \| Respond to of 81019

Thought this might interest you: Placer Dome Inc - Globe says Barrick, Placer lobby to restore gold's value Placer Dome Inc PDG Shares issued 250,024,014 1999-01-29 close $16.9 Monday Feb 1 1999 See Barrick Gold Corp (ABX) In the News The Globe and Mail reports in its Monday, Feb. 1, 1999 edition that a key member of the European Central Bank, Sirkka Hamalainen, says she sees a declining role for gold in the reserves of the world's central banks, but adds that Europe's central banks have no plans to unload the yellow metal soon. The Globe's Alan Freeman writes Ms. Hamalainen says gold no longer provides "a guarantee of low inflation or stable monetary policy any more." But she very clearly says the ECB and the national central banks in the 11 European Union countries that have adopted the euro have no interest in dumping their bullion on the market, for fear of hurting the price. Gold producers, led by South Africa's AngloGold and by Canadian companies including Barrick Gold and Placer Dome, have lobbied to restore gold's value as an essential part of central bank reserves. Europe has been a particular concern because the 11 central banks in the euro zone hold about 40 per cent of all the gold reserves in the world's central banks. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com