That reinforces my argument that the implications of the change in respect of krugerrands will be limited.
We should have krugerrands almost oozing out of our back pockets.
There will be no change in the competitive position of the sovereign against other legal tender gold coins, such as the krugerrand.
There is in that paragraph of the communique no undertaking to preclude the import of krugerrands.
But we did not then impose that ban on krugerrands.
Therefore, no one in his right mind would buy krugerrands at this moment.
