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

To: Paxb2u who wrote (43935)10/26/1999 2:56:00 PM
From: SwampDogg  Read Replies (1) | Respond to of 116844
 
There is something else going on...

The forward OTC contracts expire tomorrow. These do not go through a clearing house and a defaults on the contracts are a real risk if the POG is high. The largest players in these markets are the banks who I am sure do not want to get 0 for the dollar.



To: Paxb2u who wrote (43935)10/26/1999 10:25:00 PM
From: John Paquet  Respond to of 116844
 
Peter, good to hear that you long gold, gold hit bottom right now, ready to go up, at least to re-test that $300 again, next few days.

Buy and buy and buy more gold, it is so cheap at this below $300.

John Paquet


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