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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: E. Charters who wrote (21645)	10/14/1998 9:17:00 PM
From: Zardoz	Read Replies (3) of 116764

What do yuo do, sit at home and make this stuff up? "So tell me why is it at a low price. DERIVATIVES." Your just trying to create a run. "All the gold borrowers SOLD their gold! Some 8000 tons. There is an enormous GOLD debt. It can only be paid back by production as all the gold borrowers are bankrupt!" Irrelevant. Consider this: If a equity with 100M shares outstanding is being shorted by 8000 shres, is it so much that can't be covered by excess supply. I am surprised that many have not read this article: #reply-6011551 Who has owns the short position on GOLD is what you really should be asking? It's the producers. And the hedge programs they run. Gold really isn't reflecting the fundamentals. Don't think you can predict anything. You are now in the conspiracy camp. What happened to your analysis of economics?

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