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To: long-gone who wrote (16557)9/7/2000 10:24:30 AM
From: LLCF  Read Replies (2) | Respond to of 436258
 
< BUT the bad news they have just washed them into longer term contracts,>

The Ashanti restructuring??

<Yes, these insured institutions are short $37.9B worth of gold over the next year & $41.5B over the next 5 years! This is the BEST CASE>

Are you sure this counts options they may own from producers against these positions?

DAK



To: long-gone who wrote (16557)9/7/2000 10:56:51 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
since gold only goes down, it shouldn't be a problem, right?