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


To: Alan Whirlwind who wrote (30284)3/18/1999 9:47:00 AM
From: lorne  Respond to of 116762
 
Hi Alan. I'm sure whatever gold Romania sells will be a small amount. What I find interesting is that these poor countries or countries whose
economies are in trouble end up using the currency of last resort gold.
If they have any gold of course.
Korea comes to mind with their gold collection from their citizens to
help out their economies.
And it seems to me that all the gold that may be sold is absorbed very
quickly by the markets and the incident soon forgotten until the next hyped up gold sale story hits the wires. Sure would like to know where this absorbed gold goes to.
Lorne