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Gold/Mining/Energy : Gold Price Monitor

GDXJ 87.56

-4.9%

Nov 4 4:00 PM EST

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To: Greg Ford who wrote (38326)	8/5/1999 8:20:00 AM
From: long-gone	Read Replies (2) of 116752

<<If they were short gold some central bank would be quite concerned and we would have seen an increase in lease rates as the banks sought to recover their gold. This has not happened. >> Lease Rate August 05, 1999 1-year 3.0470% +0.0320 kitco.com January 07, 1998 1.80% kitco.com If you wish to discredit GATA, you might well, better your cause and argument if you start from a basis of fact instead of fiction! You will note the far higher lease rates. While I may(or may not) agree with all GATA says, they are the only group placing any pressure on this government to stop the manipulation of the gold markets. I believe, if you review their position with care, you will not find any where they said LTCM had a short gold position.

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