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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (9476)	9/28/1999 4:44:00 PM
From: Lola	Read Replies (1) \| Respond to of 36688

If that kind of volatility keeps up with gold, daytraders might start playing it like an Internet stock and you can't have that. It will send the price of gold completely out of control. It needs some stability soon. Lola:)

To: SwampDogg who wrote (9476)	9/28/1999 5:20:00 PM
From: russet	Read Replies (1) \| Respond to of 36688

Many financial institutions will force marginal mines to hedge their gold at the higher prices of today to reduce the risk of their loans to them (GRE.T comes to mind, but their are many others). Some biggies were likely hedging some more gold as well. Normally such hedging causes gold to be sold at the spot price, so the POG will drop. $255 to $330 was quite a move. Time to backfill a bit. I have been holding POS gold companies for months and quarters like Buckey. Today most of them came up to get sold, and now I have some freebies to hold forever. First the oils and gases (phew!), now the golds,....now if that F#@!^+<>/@#!!! SUF would do something, you could see the very curious sight of a bald, squished hamster dancing (ggggggg) :-))))