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Gold/Mining/Energy : Gold Price Monitor
GDXJ 105.34+5.2%4:00 PM EST

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To: long-gone who wrote (21987)10/19/1998 11:27:00 PM
From: David R. Schaller  Read Replies (1) of 116767
 
Richard, they are probably only acting at the behest of the FED. The FED wanted to effect an orderly disposition of LTCM's positions. If LTCM was short gold...what a nice solution to find them someone who had some gold to sell that won't "disturb" the markets.

Regards, Dave
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