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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.04

+0.4%

Nov 11 4:00 PM EST

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To: Enigma who wrote (36557)	7/6/1999 1:17:00 AM
From: Zardoz	Read Replies (1) of 116753

(all the gold that's going to hit the market - to paraphrase) I'd say it has all been more than discounted so maybe it will be 'buy on the news'? How do you discount something that you have no control over getting until the date of acceptance. If your a hedge fund, you might use it to cover a position, a producer may use it to hedge. Who get's what, and when. Well all bids are in, and we wait. Hutch, wondering if BOJ steals it all with their YEN?

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