To:Gary who wrote (201)
From: Tim Cruise Friday, Jul 4, 1997 8:06 AM
Respond to of 79916
Anyone: Will the CB's ever need to restore their gold reserves? Presumably a country like Australia will not need to given their high annual production, but what about the others? Will it take inflation to spurn gold purchases? Must this be a temporary cycle? For example, when gold hit $281 in 1985 was it under similar circumstances? Lots of questions, anyone have any answers? I just hope that all of this is cyclical. Good luck, Tim
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