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Gold/Mining/Energy : Gold Price Monitor
GDXJ 150.31+2.0%Jan 28 4:00 PM EST

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To: goldsheet who wrote (91218)11/16/2002 3:07:32 AM
From: goldsheet  Read Replies (1) of 116927
 
Drawing gold lines in the sand;
Futures sellers at heart of bullion collapse, some say

By Thom Calandra, Editor
CBS.MarketWatch.com
Friday, November 15, 2002

"For more than a year now, each time the price of gold has flirted with $325 an ounce, New York-traded futures contracts for the metal get dumped."

"The failed bullion rallies also lead gold's believers to wonder if large banks and governments use the price to manage interest rates and ameliorate the "fear factor" that higher gold prices bring to the market."

"The truth lies somewhere other than in the conspiracy belt, say several economists, metal analysts and derivative experts."

FULL STORY: cbs.marketwatch.com{C8FC51E6-2735-421E-9167-50A84AE91DCF}&siteid=mktw&dist=nbs
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