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Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.13

+5.5%

Jan 22 4:00 PM EST

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To: long-gone who wrote (29295)	3/3/1999 10:05:00 AM
From: John Hunt	Read Replies (4) of 116900

COMEX Rumors About Goldman Orders From 'NEM' post on the Gold Eagle Forum at 9:27 AM << The word on COMEX and bullion banks floors these days is that GOLDMAN has an order to buy 25 million GOLD oz by a pool of hedge funds. >> << Time will tell but watch the open interest. One thing is for sure : GOLDMAN bought about one million oz of 2 months 300 calls in the last few days and sold agressively 1 year 340 calls. This would imply that they see a surge in POG in the next few weeks with a cap due to producers hedging and small CB selling around 330- 340. >> gold-eagle.com Very interesting ... I have no idea if it is true or not ... Can anyone confirm the rumor is floating around?

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