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amarksp

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amarksp

Re: basserdan post# 17757

Wednesday, 02/07/2007 8:07:58 PM

Wednesday, February 07, 2007 8:07:58 PM

Post# of 19037
also SA

It seems the SA Reserve Bank also seems to agree with the bullish gold view as it upped its gold reserves markedly in January to 4.684 million ounces from 3.990 million ounces in December 2006, and according to a leading economist this could be due to the Reserve Bank taking the opportunity to build up reserves when it is "hard to argue against a long-term bullish view on gold".

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