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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.63

-1.4%

Oct 31 5:00 PM EST

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To: Alex who wrote (39100)	8/16/1999 9:26:00 AM
From: Ken Benes	Read Replies (2) of 116741

The battle rages in the gold market. The cb's unloaded a salvo criticizing the method the BOE used to sell its gold. It seems that because of the preannouncement of its intention to sell and the subsequent decline in the gold price, the resulting environment makes it more difficult for other cb's to sell. The emphasis other cb's intent to sell. Quickly, gold retreats 1.70. Who is going to win. Ken

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