Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Canada's Stash of Coins is Final Hurdle in Plan to Sell Gold
Bloomberg ^ | 4 February 2004 | Kevin Carmichael

Posted on 02/04/2004 2:33:50 PM PST by Publius

Edited on 07/19/2004 2:13:10 PM PDT by Jim Robinson. [history]

Canada

(Excerpt) Read more at quote.bloomberg.com ...


TOPICS: Business/Economy; Canada
KEYWORDS: banks; currency; dollar; finance; gold; mapleleafs

1 posted on 02/04/2004 2:33:52 PM PST by Publius
[ Post Reply | Private Reply | View Replies]

To: Publius
And the Canadian government, which wants to complete a plan to clean the gold out of its vaults, is unsure what to do with them.

They can feel free to send some of that gold my way.

2 posted on 02/04/2004 2:37:19 PM PST by Excuse_My_Bellicosity (If universities didn't teach worthless subjects, who would?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Publius
If it causes a price dip, sounds like a good buying opportunity.
3 posted on 02/04/2004 2:40:31 PM PST by Imal (Osama bin Laden is withholding his endorsement until a true Democratic frontrunner emerges.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Publius
A Nigerian firm I represent wants to buy $1 billion in Liberty Dollars. Please contact them to wire $50,000 into my account first.
4 posted on 02/04/2004 2:44:37 PM PST by In_25_words_or_less
[ Post Reply | Private Reply | To 1 | View Replies]

To: In_25_words_or_less
What's a Liberty Dollar?
5 posted on 02/04/2004 2:45:22 PM PST by Publius (Bibimus et indescrete vivimus.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Publius
The federal government has made $13 billion selling its gold and investing the proceeds, Houde said.

Dot.com stocks!!! They're going to the moon!!

By the way, did "making" $13 billion mean "raising" that amount, by selling this value of gold, or did it mean this is the appreciation of the things they have bought, compared to gold, since the gold sales? I suspect the former, even though the latter would be a better use of the term.

6 posted on 02/04/2004 2:48:51 PM PST by coloradan (Hence, etc.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Publius
(Someone was spamming FR with solicitations to "invest" in Liberty Dollars last week or so.)
7 posted on 02/04/2004 2:51:14 PM PST by In_25_words_or_less
[ Post Reply | Private Reply | To 5 | View Replies]

To: Publius
http://www.norfed.com
8 posted on 02/04/2004 2:56:53 PM PST by Grit (http://www.NRSC.org)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Imal
Anything below $350 would be a good buying opportunity. I'd rather wait until gold was under $300, but that may be years...
9 posted on 02/04/2004 3:00:08 PM PST by Indrid Cold (He thrusts his fists against the posts and still insists he sees the ghosts.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: In_25_words_or_less
A Nigerian firm I represent wants to buy $1 billion in Liberty Dollars. Please contact them to wire $50,000 into my account first.

You are obviously a phony. Authentic Nigerian enterprises always communicate in ALL CAPS!

10 posted on 02/04/2004 3:03:45 PM PST by Procyon
[ Post Reply | Private Reply | To 4 | View Replies]

To: Procyon
OOPS.
11 posted on 02/04/2004 3:08:30 PM PST by In_25_words_or_less
[ Post Reply | Private Reply | To 10 | View Replies]

To: Publius
Canada's currency vs. other currencies since 1980 - nosedive.
12 posted on 02/04/2004 3:34:08 PM PST by ikka
[ Post Reply | Private Reply | To 1 | View Replies]

To: Procyon
You are obviously a phony. Authentic Nigerian enterprises always communicate in ALL CAPS!

You owe me a keyboard.

13 posted on 02/04/2004 3:35:41 PM PST by FateAmenableToChange
[ Post Reply | Private Reply | To 10 | View Replies]

To: Publius

14 posted on 02/04/2004 5:36:07 PM PST by Yo-Yo
[ Post Reply | Private Reply | To 5 | View Replies]

To: Publius
One must admire the gallic panache of these Central Bank liquidators.

As for me, I'm long and strong in gold and silver stocks.

I plan to go to bullion in '05 or '06. ;^)
15 posted on 02/04/2004 5:52:11 PM PST by headsonpikes (Spirit of '76 bttt!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: headsonpikes
I plan to go to bullion in '05 or '06. ;^)

By then it will be too late. Make your move now.

16 posted on 02/04/2004 6:52:03 PM PST by Publius (Bibimus et indescrete vivimus.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Publius
By then it will be too late. Make your move now.

On the off chance that your post is not ironic, I will say that I have no faith in the predictions of you goldbugs. PM equities ought to out-perform the metals for some time - at least a year, imo.

Once again, I predict that the world will go on, without an immediate apocalypse.

As Disraeli said, "There is a lot of ruin in a nation."

17 posted on 02/05/2004 6:49:40 AM PST by headsonpikes (Spirit of '76 bttt!)
[ Post Reply | Private Reply | To 16 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson