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Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.75-0.5%Dec 3 4:00 PM EST

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To: IngotWeTrust who wrote (23301)11/23/1998 2:47:00 AM
From: PaulM  Read Replies (1) of 116791
 
"If gold comes in $30 an ounce better...it's going to be unhedgeable"

Comments On the December 99 Gold Call

nypostonline.com

P.S. How many more calls in London?

With the specs equating a promise to pay gold with gold itself, and the S&P trading at PE 30 going into 99, I doubt history will judge this a thinking (wo)man's market.

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