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To: Zardoz who wrote (40804)9/25/1999 8:13:00 AM
From: Bobby Yellin  Respond to of 116764
 
re IBF oops IMF biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
dohmencapital.com his long bond suggestion



To: Zardoz who wrote (40804)9/25/1999 9:07:00 AM
From: long-gone  Respond to of 116764
 
<<into the hands of producer/hedgers who can sell into the futures hard, and still buy spot. But when the new contract months starts Sept 29, what if it falls? Are the GPM and GATA people going to cry Foul again? >>

Guess we'll just have to wait & see that,when it doesn't fall again. Have you checked out published Eagle / Maple Leaf prices?

<<But the bulk of the S&P is based on consumables and not commodities. >>

The list of commodities in today's world goes far beyond the "commodity list" which has traded futures. Steel & DRams are among these items, along with hay(yes, what horses & cattle eat) all which have seen % increases in price worthy of note. All "real world" prices are up greatly. Just yesterday the Colorado Utilities Commission allowed a rate increase for natural gas. When you have price increases in these diverse consumables, commodities, and items, you have inflation.

Things have changed.

Sorry you're short. It's going to get ugly. Not to late to change with the world.



To: Zardoz who wrote (40804)9/25/1999 1:22:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116764
 
``We have a good deal more to go on the upside, up to $278.00 looks good,' banking group HSBC's Head of Precious Metals Peter Fava said.

``There's a lot of short covering around with one prominent seller. Once he's got out of the way, it should go higher,' Fava added, explaining that the seller was a market professional who could be acting for someone else such as a gold miner.

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