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

To: John Paquet who wrote (42005)	10/4/1999 1:04:00 PM
From: Mike Roberts	Read Replies (1) \| Respond to of 116814

Platinum lease rates 40% while gold @4.9%...what's this about???

To: John Paquet who wrote (42005)	10/4/1999 1:14:00 PM
From: Alan Whirlwind	Respond to of 116814

From GATA: "It looks as if someone manipulated gold prices again last week. Despite being at $329 an ounce in the early part of last week, gold closed at just under $300 an ounce on Thursday. The strike price on gold futures contracts just happens to be $300 an ounce. The very next day gold went back up to around $311 an ounce." AND "In the new economic order hedge funds going belly up in the US are almost as common as cellphone thefts down here.Except that quite a few prominent people in the gold market are convinced that Armstrong was really short on gold. Depending on who you ask he was short anything from 300 tons to 800 tons. And some believe that he sold short at about the $260 to $265 mark and has incurred further hair-raising paper losses of $30 an ounce over the past few weeks." Hope he was short all those tons and at $265 & under.