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

To: Tomas who wrote (27720)	2/4/1999 9:48:00 AM
From: long-gone	Respond to of 116810

<<Central Banks should be encouraged to sell off most of their gold reserves so that they cease to pose a threat to the gold price. Michael Coulson, head of global mining research at Paribas, floated this plan to the Investing in Africa Mining conference, Indaba 99, in Cape Town yesterday.>> It may happen in Europe, but will not happen here. The "new world", Africa, & Russia have the gold. Europe wishes only to reduce value for their own gains. When this becomes clear, the "Golden Rule" will again become law(He who has the gold makes the rules). The Americas have much to gain from higher gold while Europe would rather leave no-where to run except other paper, future production can not come from Europe. Their supply has a far closer limit that ours.