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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: long-gone who wrote (57679)8/31/2000 1:02:13 AM
From: P314159d   of 116779
 
Can you explain, how you arrived at their positions?

I don't follow the gold market that closely to know positions of the firms. I just see it as an easily manipulated vehicle and when ABX reaches 15 to 16, I can expect 20% return within 3 to 6 months. Sure beats cash,so I always stuff some in the margin account when it happens.
Ever since 96 it works, sometimes better than others and every few years it becomes a double.

We are due for the latter for whatever reason...
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