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

To: long-gone who wrote (55104)	6/25/2000 7:04:00 PM
From: goldsheet	Read Replies (1) \| Respond to of 116790

> Are not the same instruments used by some bullion bankers? I expect the bullion bankers will have to comply with FASB133 and report futures and options contracts market-to-market. My concern, however, was that forward contracts do not seem to be covered by FASB133 (per my reading of the BW article and the pro/con table they provided) This seem to be a potential loophole for mining companies. The FASB133 rules also seem very complicated as to what get reported on the income statement and what goes on the balance sheet. I think we need a lawyer and a CPA to understand FASB133.