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Gold/Mining/Energy : Gold Price Monitor
GDXJ 136.03+6.2%4:00 PM EST
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To: Jim McMannis who wrote (42323)10/6/1999 11:57:00 PM
From: ali  Read Replies (1) of 116895
 
Jim,

<Certainly the stockpiles of gold that the CBs have will continue to overhang the
gold market. Sure they have said they won't sell and the gold market has adjusted but
the potential "to sell" or cheat still remains.>
What CB do think might cheat? Certainly not the European CB's as their gold holding is under common control, even the Swiss and the British bowed to their wishes.Neither will the US congress want see any gold sold.No much other gold left to make a dent in the much deserved misery of the shorts and big time gamblers.
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