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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: The Vet who wrote (4948)	12/30/1997 1:51:00 PM
From: IngotWeTrust	Read Replies (1) of 116759

Those of us still getting spot quotes on deliverable Dec 97 Cash Gold, please note we are showing GO'Z up 10.20 per oz, trading at 302.0 currently... This also could account for the increased premium in gold coins. Of course, buyers of gold coins through the wholesale channels, such as I do, lessens the spread/premium game considerably, fortunately. RE: last batch of large gold quantities I bot for a client, he had to wait 10 extra biz days to get delivery straight from the US mint...but it was worth it to him...boy those puppies are purdy!!! Then there is the paperless trade in gold which is going for about 5x spot...but y'all probably don't want to hear about that, right?(grin) O/49r oleprospector@worldaccessnet.com

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