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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.59

+2.2%

Dec 26 4:00 PM EST

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To: Alex who wrote (12115)	5/24/1998 11:39:00 AM
From: PaulM	Read Replies (1) of 116825

"a few problems if, say, holders of 87 contracts were to....take delivery" "which they THEORETICALLY can do" nypostonline.com "the idea is to shift open interest to September" Give me a break. The official palladium market has broken down. And NYMEX should admit that instead of squeezing open interest into the future, always waiting for that boatlaod of metal right around the corner. How do you explain such an inefficient market wihout admitting manipulation on the downside to this point? I think the Butler articles over at Golden Eagle are 100%on target. They are perhaps the best way to uderstand what is going to happen with the metals in teh coming years.

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