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

To: long-gone who wrote (30174)	3/16/1999 5:35:00 PM
From: John Hunt	Read Replies (1) \| Respond to of 116756

<< Said these things months ago, but did anyone notice (sniff-sniff)? >> Probably Alzheimer's disease slipping in ... not sure about the other readers on the thread. Don't feel bad ... Sometimes I even forget what I have posted. LOL John

To: long-gone who wrote (30174)	3/16/1999 5:37:00 PM
From: lorne	Read Replies (2) \| Respond to of 116756

Gold in the IMF imf.org •Gold holdings provide the IMF with operational maneuverability both as regards the use of its resources and through adding credibility to its precautionary balances. In these respects, the benefits of the IMF's gold holdings are passed on to the membership at large, to both creditors and debtors. •The IMF should continue to hold a relatively large amount of gold among its assets, not only for prudential reasons, but also to meet unforeseen contingencies. •The IMF has a systemic responsibility to avoid causing disruptions to the functioning of the gold market. •Profits from any sales of gold should be retained and only the income deriving from the investment of those profits used for any operations that might be agreed.