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Strategies & Market Trends : Talk to Lola:)

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To: Jon K. who wrote (1329)	10/12/1999 9:25:00 AM
From: Lola	Read Replies (1) of 2010

More gold insights from the Kaiser Bottom-Fishing Report . . . - juniors will rule the next gold cycle - almost all major gold producers have been forward selling and shorting gold in an effort to profit from the downtrend in gold - some major gold producers have lied to the public about their average hedged prices - Thursday, Oct. 14th is a critical day as Barrick is scheduled to do a conference call to talk about it's third quarter financials. - Frank Veneroso (some gold expert dude) says there might be as much as 14,000 tonnes of gold sold short . . . this amount is half the entire central bank reserve of 1.1 billion ounces . . . this short squeeze is not over. So bet on gold but bet on the juniors and intermediates (like DROOY) not the senior golds (like Barrick). Might even be a good idea to short Barrick on any runs but I won't be doing that. Lola:)

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