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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST
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To: PaulM who wrote (20077)9/29/1998 4:00:00 PM
From: Ron Everest  Read Replies (1) of 116764
 
PaulM, thanks for the Bloomberg article.

>>I suspect Hedge Fund liquidations will show the way.<<

The markets are real nervous, we will no doubt see some action to support the general view that they in fact short some tonnes, perhaps even 100. There will likely be a real big rats nest of gold shorts showing up to repurchase in the near future.

RE
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