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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2129)	9/29/1999 4:38:00 PM
From: Enigma	Read Replies (2) \| Respond to of 3536

Ron: 1. By what logic do you say CBs are subsidising the gold market - by selling and leasing less? - not a definition of a subsidy that I can recognise. 2. What do you mean by saying that many miners were caught on the wrong side of their hedged positions - give an example of what you mean by this. d

To: Hawkmoon who wrote (2129)	9/29/1999 5:23:00 PM
From: Paul Berliner	Read Replies (1) \| Respond to of 3536

Speaking of the dollar - it has just plunged through a thrice tested support level. A drop below 98 should spell absolute panic. Things are getting interesting! 6 month chart: quote.bloomberg.com 1 year chart: quote.bloomberg.com 5 year chart: quote.bloomberg.com