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

To: Zardoz who wrote (5819)	5/5/1999 8:19:00 AM
From: Enigma	Respond to of 80904

Peter Munk has never been a gold bug - always quite sanguine about gold in fact - you may be right about his (and T-H) moving on from Barrick however - interesting, though, that he appointed an accountant as CEO - but this may reflect the fact that Barrick is to a large extent a finance house now. When Barrick took over Camflo all those years ago they picked up valuable mining expertise and a good blueprint for labour relations, but Munk brought with him some brilliant financial guys who designed their hedge program which made so much possible - and this reflected his view of gold as per my opening sentence. d