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

To: goldsnow who wrote (42394)	10/7/1999 5:53:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116764

Simple Math: A $66 Billion Dollar Problem for the Gold Industry tocqueville.com

To: goldsnow who wrote (42394)	10/7/1999 6:07:00 PM
From: PaulM	Read Replies (1) \| Respond to of 116764

Lease Rates kitco.com My take: not much in the way of short attacks on gold since the ECB anouncement. (Short attack on Platinum at a 50% borrowing rate!). Big Picture: all metals markets tight by historical standards. Platinum, Palladium, silver and gold (in that order) appear to have made long term price lows. Since the gold market is the largest, it's rise will have the widest implications for the financial system. It will be interesting to see how they try to resolve the upside pressure from a tight market (reflected in higher bowworing rates), on the one hand, and the damage a larger price rise would cause to derivatives players, on the other. Suspension of trading?