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

To: paul ross who wrote (47944)	2/4/2000 1:44:00 PM
From: GST	Read Replies (1) \| Respond to of 116802

Paul: Thanks. CNBC added a new twist to the 'short-covering' angle: The short-covering is producers buying back to cover from the run-up last fall. CNBC's reporting seems to say that there were "standstill" agreements struck last fall to give producers time to cover their shorts. It seems like these agreements have run their course and now its time to close the books on the shorts. So, what now? Higher prices I think -- $350. With platinum and palladium up over 500 and showing no sign of stopping here, gold at 350-400 starts to sound a lot more 'normal'.