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Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.27+3.5%Jan 12 4:00 PM EST
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To: long-gone who wrote (64754)2/27/2001 11:35:47 PM
From: Square_Dealings  Read Replies (2) of 116853
 
A while back when I was researching gold I read that Goldman was short like $32 Bln worth. I think some of the other large banks like JPM and a few others also have huge short positions in gold.

I think we are about to find out the extent of it. I notice that every time lease rates have shot up like they have recently, it has been followed by a sharp spike up in the price of gold.

M.
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