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Gold/Mining/Energy : Gold Price Monitor

GDXJ 117.61

+3.0%

Dec 19 4:00 PM EST

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To: John Hunt who wrote (34164)	5/19/1999 11:07:00 AM
From: John Hunt	Read Replies (2) of 116815

Barrick - Questions For The Futures Pros Can someone with expertise in futures please help me? If I am a large producer like Barrick and I want to sell a gold future contract for say June 2000 ... When do I actually have to deliver the physical gold? ... I am assuming June 2000 ... Am I wrong? I guess what I am also asking is whether there is anything like the Option Clearing Corporation that steps in the middle and guarantees both sides of the transaction? ... Does the buyer have any security other than a contract that I will deliver? :-)) John

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