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

To: Gary H who wrote (41347)	9/28/1999 3:41:00 PM
From: IngotWeTrust	Respond to of 116764

Europe is the home of the largest gold market in the world. It is called the EUROPEAN OVER THE COUNTER GOLD OPTIONS MARKET. Its volume and size of contracts DWARFS the NY Comex by better than 10x on any given day. It is secretive and it is huge. These options expire 2 BIZ days BEFORE THE END OF EACH CALENDAR MONTH. So, those with the inside info positioned themselves to be long prior to the squaring of OTC options positions going into today in their OTC market. The reason why EUROPE is leading this NY thing around by the nose is primarily that reason. Therefore, Europe is the dog wagging the tail, not the Comex. Capish? O/49r oregontrail.net