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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.34+5.2%Nov 26 4:00 PM EST
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To: Rarebird who wrote (42529)10/9/1999 6:52:00 PM
From: Zardoz  Read Replies (3) of 116768
 
The big specs are still net short and the commercials net long after a $70 increase in the POG.

Hmmm I was wondering if the companies like Barrick & Placer Dome have sold the shares of other gold producers that they own? Seems to me that many here might have forgotten this as the price has climbed. Maybe they held off on futures, forwards, and swaps; just to off load what they know they can get back latter, cheaper.

Hutch
if ABX and or PDG can own 10% of a company without declaration, that could explain much.

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