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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: Bill Murphy who wrote (26595)	1/20/1999 10:28:00 PM
From: jgibbs	Read Replies (1) of 116759

Bill, Cobra posted the following on the Kitco board today. Where can I find the information regarding the gold short amount as it relates to the COMEX gold contracts? Is it readily available? Since I am not registered there I cannot ask him. If what Cobra reports is accurate, the amount short seems substantial. Do these shorts have to be covered or what? JimG <<A last minute rush to get into gold stocks and OUT of the Dow stocks at the close. The Volatility Index was acelerating upward at the close too. Tommorrow may be an interesting day. You may remember last Friday there were 8,500,000 oz. of shorts in the Feb AU COMEX Gold contract, YES, that was eight and one half million short oz. First notice day for the Feb AU is Jan 29th. Something is up. CoBra>>

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