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Gold/Mining/Energy : Gold Derivatives
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To: Zardoz who wrote (27)9/28/1998 12:15:00 AM
From: teevee   of 39
 
Hi,
Great post. I wonder if the consortium of banks who bought the failed hedge fund with a short position in gold, also own hedge funds with the offsetting long positions in gold and who knows what else? I think we are seeing a "sucker" rally in gold and gold mining equities. I agree that the way to play this is to go against the trend by going short or buying puts.
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