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To: dbblg who wrote (80500)	10/13/1999 5:08:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Ganesh: Sinister? I did not say that. But last year AG said he would provide ample liquidity to the gold market if there was a crisis -- and here it is. Sinister? No. Smart? Probably also no. When market players take highly leveraged speculative positions they should enjoy the pleasure of getting their rear ends kicked when their excesses blow up in their faces. AG should let the market set the price of gold. In the end, the market will win. Holding down the price now at $320 just allows more pressure to build for a bigger move when the dam breaks.