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


To: Ken Benes who wrote (44207)10/28/1999 12:41:00 PM
From: lorne  Respond to of 116764
 
Hi Ken. You said >>> " I believe that whatever gold is required to complete the closing out of the producers hedged positions will be made available one way or another. This is a good indication that gold supply is available in a crunch and the market is not as tight as some have speculated "<<<
Don't think I understand. Why would producers bother closing out hedge positions if all this gold is available.?
Lorne