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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 396.31

-0.6%

Dec 31 4:00 PM EST

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To: Little Joe who wrote (652)	11/12/2003 11:58:10 AM
From: Andrew	of 29622

Hi LJ, yup a break will take it 420 and likely pretty quick, the next and final line in the sand IMO for the gold shorts. CEO of AU, Anglo gold was on CNBC yesterday, I heard him say they have been unwinding hedges as fast as they can. They were one of the biggest hedgers, caught the interview halfway though, if I heard right they are down to 7 million oz hedged from 15 a year ago

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