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Strategies & Market Trends : World Outlook

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To: Don Green who wrote (579)	2/9/1999 11:33:00 PM
From: Don Green	Read Replies (2) of 48824

The Mother of All Short Squeezes?? " Why does the Reserve Bank of Australia always sell when the gold price approaches $300? Australian mining companies (directors on Board of Reserve) have forward sales until 2002 with a low price, and with a low Australian dollar/U.S. dollar rate. They must be making a fortune. So much so that they can buy to fill contracts rather than mine gold. " don

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