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


To: PaulM who wrote (41922)10/3/1999 5:04:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116790
 
cftc.gov I did a little searching but didn't come up with anything..
maybe Henry can help out with your question
as usual my guess is that deep pocketed institutions have been
taking advantage of the cloud over gold which was lifted last week..
so they will always be good for the money-little traders have probably just been busy playing the internet momentum plays --there must have been so very many leaks ..I am certain that was not an overnight decision...remember that goldman sachs put on buys on some gold companies two or three months ago..
It would have been wonderful if in that news release exact figures
had been made as to how much was leased etc..
I wonder when we look at banks and brokerages earnings and losses
during next earnings releases we might have a clue..
I still wish I had been a fly on the wall at that meeting last weekend
I still have the feeling that the announcement last weekend took
away a huge spike from the gold market.. and with non intervention in
yen reduced some global market risk..