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

To: Ironyman who wrote (43457)	10/21/1999 10:21:00 AM
From: Ken Benes	Read Replies (2) \| Respond to of 117272

The writing is on the wall. Neumont announces production increase. Kuwait makes gold available for leasing. The cb's waited for the short covering rally to run its course while quietly working behind the scenes. They worked their magic with Kuwait, the bullion banks, and the producers. The next phase of their engulfing circle, force the producers to begin selling forward with the admonition, look what happened the past several weeks and who is winning, do not be left out in the gold and by the way how is your credit line doing. Presto, forward sales with the bullion provided by the banks and collateralized by the producers. Was the outcome ever in question. Ken