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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.61

+3.0%

Dec 19 4:00 PM EST

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To: Mark Bartlett who wrote (3199)	11/17/1997 6:52:00 PM
From: Alex	Read Replies (1) of 116816

From Kaplans site............ Monday's COMEX gold estimated volume was a light 32,000 lots. Total COMEX gold open interest on Friday rose 700 to 219,010 contracts. COMEX gold warehouse stocks plunged by 38,394 ounces to a new 17-year low of 496,531 ounces (no one will mention this until AFTER gold rallies sharply, since it doesn't fit neatly into a gloom and doom story), while COMEX silver warehouse stocks were unchanged at their 12-year low of 126,097,149 ounces. The Johannesburg gold index closed Monday morning at 783.2, up 5.9, with the U.S. dollar quoted at 4.8515 rand.

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