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


To: IngotWeTrust who wrote (4810)3/25/1999 12:58:00 PM
From: The Vet  Read Replies (1) | Respond to of 82035
 
Rose, what this delightful little interchange you posted seems to say, is that the "Gold" reported as reserves in the CB's are actually just IOUs; promises to return leased gold in the future. If that is the case nobody really knows how much gold really exists in the CBs and in fact what they really hold is "counterfeit gold", worth exactly the same as counterfeit dollar bills!

PS. Does todays POG action smell a little like a bear trap to you?