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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (7248)8/19/1999 3:21:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 81169
 
No discussion today on the WSJ article where Frank Veneroso (Bill Murphy's old boss) states that he doesn't believe the gold carry trade positions out there are not large enough to present systemic risk?

Also Gold Fields suggested that the total carry position in Gold is only 400 metric tonnes.

Finally, there was a comment that suggested that small speculators are opting to stay away from shorting gold for now leaving the market to the funds and trade houses.

Pg. C19 WSJ.



To: sea_urchin who wrote (7248)8/19/1999 3:28:00 PM
From: Tom Byron  Read Replies (2) | Respond to of 81169
 
hey, i still have 36 minutes to go and it's down 86...:)