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Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.09

+5.5%

Jan 22 4:00 PM EST

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To: Alex who wrote (36152)	6/29/1999 8:22:00 PM
From: PaulM	Read Replies (1) of 116901

The Lease Rate Puzzle (More Conspiracy Theory from the Short Side) "Higher rates generally mean less lending liquidity, maybe due to producer sales activity, potential official sector sales, or increased speculative borrowing by potential short sellers. None of these seemed likely on a day when prices ticked up....Peter Hillyard...suggested another possibility...implying that rates were being marked artificially high to fox other participants." biz.yahoo.com

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