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basserdan

01/28/04 10:30 AM

#198134 RE: nwsailor #198117

Dan, why would they make it public at this time? If they were going to add a significant amount of gold to their holdings, wouldn't it be prudent to announce that fact after the purchases? What do think the motive is in making these statements now?

Doesn't this announcement also cross the Central Banks attempt to strengthen the dollar by buying US Treasuries? What is your drift on all of this?
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Good points, Sailor......
I hope I addressed them adequately in #msg-2236608