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

To: d:oug who wrote (53041)5/21/2000 12:49:00 AM
From: LLCF  Respond to of 116762
 
biz.yahoo.com

DAK



To: d:oug who wrote (53041)5/21/2000 1:01:00 AM
From: Hawkmoon  Read Replies (3) | Respond to of 116762
 
Doug.. oh Doug...

One of these days y'all will realize that the only manipulation going on in the gold market is the fact that its price is being artificially supported by forcing Central Banks to hold it.

Regards,

Ron



To: d:oug who wrote (53041)5/21/2000 1:11:00 AM
From: Follies  Read Replies (1) | Respond to of 116762
 
Doug

If a bank is long a billion dollars of gold futures contracts and sells calls for 100 million dollars against that same amount of gold, what is their derivative exposure? Why does it matter if it was a hundred times that much?


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