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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: Al Cern who wrote (23182)	11/20/1998 2:44:00 PM
From: baystock	Read Replies (1) of 116762

Al Cern, But if the federal reserve does not want a big price rise in gold they can suppress it, by settling the carry transaction for cash rather than gold, among other tricks. Not forever, but atleast for a year or two they can hold things down. Ram

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