Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.93

+0.8%

Jan 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hawkmoon who wrote (42230)	10/6/1999 4:52:00 AM
From: Don Lloyd	Read Replies (1) of 116845

Misc. - worldnetdaily.com "...However, that asset would become worthless "if gold traded at $325; at $350, the company would begin to face margin calls," Hathaway wrote. "The Ashanti hedge book is a bet that the gold market will remain quiescent and trouble-free. Ashanti's sanguine view is not unusual. Few in the industry are prepared for a spike in the gold price, especially one which does not retrace." "Ashanti's U.S. banker is Goldman Sachs, according to market sources, perhaps explaining why Goldman was rumored to be a big buyer of gold options last Wednesday, following gold's explosive two-day move," said a report from TheStreet.com..." Regards, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next