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To: long-gone who wrote (43810)10/25/1999 7:32:00 PM
From: SwampDogg  Read Replies (1) | Respond to of 116841
 
Has there been discussion on the thread regarding what % of the derivative trading on Au is exchange trading and how much is unlisted forward agreements that are not guaranteed by a clearing house?



To: long-gone who wrote (43810)10/25/1999 9:31:00 PM
From: Robert Dirks  Respond to of 116841
 
Could be. Hope the earnings come in good. They had a $35M gain on the hedges they closed, so that should give it a good kick up.... We'll know soon.......

GOLD down another $2.50 tonight.
I feel we will get another dose of bad news soon, like another banana republic CB (a la KUWAIT) pumping out more bullion. Let's get all the bad news out........


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