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Gold/Mining/Energy : Gold Price Monitor
GDXJ 90.35+0.4%Nov 6 4:00 PM EST

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To: Enigma who wrote (38214)8/3/1999 10:23:00 AM
From: Zardoz  Read Replies (1) of 116752
 
what is your take on this and the effect that forward selling has on the gold market?

It creates a demand in the spot price. It adds support to the gold markets. And remove much of the volatility from the spot. Mind you, Put buying by a producer does the opposite.
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