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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (35176)	6/11/1999 3:11:00 PM
From: Lightning	Read Replies (1) \| Respond to of 116753

To All: One recent price quote I saw for gold shows it up $6.40! Is this correct or a misprint? Thanks!

To: Ahda who wrote (35176)	6/11/1999 3:55:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116753

Thread's copy my e'mail to Congress, Senate, Banking, & Federal Reserve: re: This SUCKS I hope this is NOT TRUE! I'm sick of the bail outs for the Big Boys! If they want to play, they must PAY! Richard Harmon (address & Phone # removed) Friday June 11, 1:51 pm Eastern Time Fed declines to comment on hedge fund rumors WASHINGTON, June 11 (Reuters) - The Federal Reserve declined to comment on rumors that swept through New York financial markets on Friday about an emergency Fed meeting to deal with a troubled hedge fund. ''As a matter of policy, we don't respond to rumors,'' a Fed spokesman said in response to a question about a possible meeting dealing with a hedge fund. Prices for bellwether 30-year U.S. Treasury bonds were down sharply at midday by 23/32 of a point to yield 6.12 percent, partly because of a rumored Fed meeting about a bailout for a hedge fund, according to Wall Street traders.

To: Ahda who wrote (35176)	6/11/1999 5:16:00 PM
From: Alex	Read Replies (1) \| Respond to of 116753

From Kaplan's site................ THOUGHT OF THE DAY: It is likely that the COMEX gold net long commercial position as of Thursday's (June 10, 1999) close was at an all-time high, and was approximately one hundred thousand contracts. Assuming that no external economic event triggers short covering, a major gold producer could easily cause the speculator shorts to massively panic by proclaiming that they are buying back a substantial portion of their forward hedge position. <Picture> A WORLDWIDE CONSPIRACY? Tiger Management LP, the large hedge fund company run by Julian Robertson, said Friday, June 11, 1999 that there is no substance to market rumors that it is having trouble meeting investor redemptions. Meanwhile, several analysts have remarked that there is no substance to the gold conspiracy allegations put forward by GATA. Sharp-eyed readers will notice that GATA is the feminized form of gato, or cat (in Spanish). Can it be just a coincidence that two alleged rumors involve a cat and a tiger? Or is someone lyin' (pun intended)? investor1.com