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

To: Edmund Lee who wrote (46305)12/26/1999 11:38:00 AM
From: Rarebird  Read Replies (2) | Respond to of 116972
 
< ABX is part of a conspiracy to bust POG >

The hedging activities of ABX is a representation of the deep despair that has engulfed the Gold market after 20 long Bear market years. Clearly, ABX has no confidence in a sustained Bull Market Advance in Gold. Don't get me wrong: I'm no big fan of ABX. But they have survived and thrived in the 90's and they will be shrewd enough to remove most of their hedges when the POG clearly shows itself as having changed trend.

ABX is a symptom not the cause of the decline in Gold.



To: Edmund Lee who wrote (46305)12/26/1999 7:34:00 PM
From: long-gone  Respond to of 116972
 
Mr. Lee(or anyone),
It appears my memory is sliding. Are the holiday closures of the gold markets noted on Kitco the "norm" , or have they been played with(by the manipulators) also? I don't recall these number of days closed in most prior years.
kitco.com

If this is a foul, whom would officiate the call? What would be the penalty?


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