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To: d:oug who wrote (39618)8/26/1999 6:07:00 AM
From: d:oug  Respond to of 116892
 
Question: Who said, "I can't sing. But I can howl."

Hint: Also said, "The gold market is manipulated and it is foul."

Hint: Also said, "...been informed...4 hedge funds are short
30 to 50 million ounces of gold.

Hint: Also said, "If it fits, I will 'howl' to you tomorrow."

doug



To: d:oug who wrote (39618)8/26/1999 11:08:00 AM
From: Ron Everest  Read Replies (2) | Respond to of 116892
 
Doug:

GATA comment
<<<<Barrick, and most other hedgers, face the risk that a prolonged upturn in lease rates will erase all the benefits of hedging. >>>>>

Untrue statement. ABX is protected and has fixed interest pay rate negotiated in their contracts. I talked to one of their top financial people approx 1 month back on this. This matter has been thoroughly discussed on ABX threads, SI and Yahoo. Getting boreing going over the same stuff over and over again. GATA should get their facts straight on ABX IMO.