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Gold/Mining/Energy : Mongolia Gold Resources
MGR 21.52-0.6%Oct 31 9:30 AM EDT
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To: Dave R. Webb who wrote (2934)12/13/1998 2:23:00 PM
From: Pete Schueler  Read Replies (1) of 4066
 
Dave, What is your opinion regarding the oft proposed theory that the price of gold is being "managed" by certain players who continue to benefit from low prices and who would be burned by a major rally?

If this theory is plausible, any ideas on who is most likely doing this?

If the CB's are keeping the synthetic market profitable by filling in the gap between mine supply and physical demand then can we infer that they are knowingly playing this "management" role?

This whole market is intriguing and terribly frustrating. I think all of us appreciate your views and input on the "big picture".

Thanks, Pete
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