21.   European central banks also are selling gold reserves.

22.   European central banks are also selling gold reserves.

23.   Expectations that central banks may be planning to reduce their gold reserves will encourage producers to sell.

24.   Expectations that European central banks may sell gold reserves to reduce budget deficits to qualify for the European single currency, or euro, also shadows the market.

25.   For a time the Lebanese pound, backed by large gold reserves, held its own.

26.   Four of the top six owners of gold reserves are EU members.

27.   Funding would require the International Monetary Fund to sell gold reserves, a move that could not go forward without congressional approval.

28.   Germany, a big holder of gold reserves, plans to revise the book value of its gold.

29.   Germany has steadfastly insisted that the gold reserves should be held for true emergencies.

30.   Germany, a big and cautious holder of gold reserves, intends to revise the book value of its gold.