SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (53997)6/9/2000 12:21:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 116790
 
contraryinvestor.com

" ... $79.6 billion in notional value of gold derivatives is equal to 8,510 "notional" tons of gold at $290 per ounce. Although we are not experts in gold derivatives by any stretch of the imagination, this exposure seems easily capable of being able to move the price of the underlying commodity. In fact, more than capable."