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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

4:00 PM EST

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To: long-gone who wrote (37801)	7/26/1999 10:59:00 AM
From: Zardoz	Read Replies (1) of 116762

I can't figure why you are looking at it only one way. Yes, NEM said they were going to start hedging, did they say anything concerning direction? They did when they mentioned they are buying puts, and not writing them. Or writing calls, buying calls... etc. Hutch. Blame the POG on Lucretius Taurus for going long on Thursday last week. Edit: That is what I read on a post on SI... I may be wrong in quoting it, cause I'd be surprised if they would mention it.

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