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

To: Bobby Yellin who wrote (40592)	9/21/1999 10:29:00 PM
From: lorne	Read Replies (6) \| Respond to of 116781

Hi Bobby. You posted..." Gold Fields Ltd said it bought 12.5 percent of the gold for sale, while fellow producer Anglogold , the world's largest gold miner, said it had unsucessfully bid for some of the gold." care to speculate ? " Like I said earlier just when I think I'm starting to understand the gold market a bit something like to-day happens and I find I still know nothing. Speculate----Someone on this thread posted not to long ago that a way to help the POG would be for the producers to buy any CB gold sales----- Think it was Ken that posted that not sure-----. So why would the producers need CB gold ? Have they been buyers of CB gold in the past or is this something new ? Would they need it to cover forward sales? Not likely they would have a short position. Just don't know. What do you think? Take care Lorne