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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (16554)9/7/2000 10:19:13 AM
From: long-gone  Read Replies (2) of 436258
 
talk about a few billions between friends:
Here's the place with the gold & precious metals derivatives from the OCC PDF -
occ.treas.gov
page 16 of 37
You will note gold derivatives exposure less than 1 year down to 37.9 from 52.8B BUT the bad news they have just washed them into longer term contracts, 1-5 year term up to 41.5 from 29.5 - all in $B

Yes, these insured institutions are short $37.9B worth of gold over the next year & $41.5B over the next 5 years! This is the BEST CASE, as this is only if gold does not go up in cost & the $ does not go down! Does not include any short postions in the miners. May not include not-netted
positions.
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