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

To: goldsheet who wrote (42580)	10/10/1999 11:33:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 116767

Bob: The ECB committiment to limit gold sales is not what made the gold market take off. Rather it was their committment to limit LEASING -- the real reason for the huge 1996-1999 gold bear. The gold stock action continues to trouble me. Glad I sold my gold funds near the peak. We all know why the hedged producers are not doing well. But the unhedged miners -- while outperforming the hedgers -- are not doing that well either considering the surge in the gold price. I plan to stay away unntil the stocks start outperforming bullion again.