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Gold/Mining/Energy : Gold Price Monitor

GDXJ 112.58

-1.5%

Dec 15 4:00 PM EST

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To: Ken Benes who wrote (74186)	7/30/2001 4:06:07 PM
From: russwinter	Read Replies (2) of 116815

Besides an imminent gold strike, we have a huge season in the wings in terms of Indian demand after a good monsoon(#1 market for gold in the world). timesofindia.indiatimes.com I'll be presenting the second quarter numbers on new hedging soon, but I'll give you a sneak preview: no net new hedges and in fact a fair amount being sent back to the vaults. Demand is solid, and supply is slowing ebbing, so I'll ask you the question: if manipulation and financial paper shuffling isn't it, then what is it?

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