SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: long-gone who wrote (65916)3/17/2001 5:01:34 PM
From: SliderOnTheBlack  Read Replies (2) of 116759
 
long gone; re: Goldman's move of Gold opps to London...

... that's the 2nd firm to do that - one other (can't remember who ?) did so right after the "quashing" of the Sept '99 gold breakout - which soon thereafter showed the huge derivative explosion in the gold shorts/US Banks... no ESF/NY Fed gold price manipulation there - was there...

... and the reasons for the move to London from NY; surely could not have been for US Banking/regulatory reasons - now could it ?

... think the - "Derivative Bubble" is getting someone nervous ?

PS: do you know what percentage of Japanese Banks are "insolvent" sub Nikkei 13,000 on their new market to market basis ?

Think any of our US banks with heavy currency/gold derivative positions have any exposure there should Japanese Banks be forced to liquidate dollars, sell US bonds & Securities ?

tic toc~
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext