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

To: long-gone who wrote (34421)	5/24/1999 8:44:00 AM
From: Oak Tree	Read Replies (1) \| Respond to of 116788

I don't think that individual investors are all that important for the mutual funds which derive most of their money from automatic retirement programs. As long as people have jobs the money will flow into mutual funds. Those of us (like you and me) that have free money are already putting it into individual stocks. Many of us are getting our ass kicked -- wishing we were in a mutual fund.

To: long-gone who wrote (34421)	5/24/1999 10:00:00 AM
From: lorne	Respond to of 116788

Good morning Richard. You may already have these sites but will pass them along for others. TRIPARTITE COMMISSION HOLDINGS OF NAZI GOLD AT THE BANK OF ENGLAND The Bank of England has been authorised by the Tripartite Commission for the Restitution of Monetary Gold to state that it holds a total of 114,637.213 troy ounces of fine gold (=about 3,565.615 kilograms) on behalf of the Tripartite Commission. Almost all of this, 113,839.674 ounces has recently been placed on interest-bearing fixed term deposit. When the Tripartite Commission's gold was first received in the Bank many years ago, it was the Bank's policy not to store specific gold for specific customers: customers were given credit for quantities of gold, not specific bars. The bars which were recently placed on deposit were not, therefore, the bars originally credited to the Tripartite Commission's account. Similarly, when the gold is retrieved from the fixed term deposit, it will not be the same bars which are returned. More >>> bankofengland.co.uk RESTRUCTURING THE UK'S RESERVE HOLDINGS: GOLD AUCTIONS At the end of April 1999, the UK's official holdings of gold totalled 715 tonnes, or nearly 23 million fine troy ounces, with a market value of about $6.5 bn. These form part of the UK's official foreign exchange and gold reserves, which at end-April stood at nearly $37 bn including gold at its full market valuation. As indicated, the gold to be auctioned will be in London Good Delivery bars, located at the Bank of England. The initial programme of auctions will involve the sale of less than a fifth of the UK's official holdings of gold. The proceeds of the sales will be added to the foreign currency reserves. More >>> bankofengland.co.uk