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: long-gone who wrote (62890)1/23/2001 4:07:20 PM
From: lorne  Read Replies (1) | Respond to of 116756
 
NY Precious Metals Mostly Dn Early, Merchants Sell Gold
Tuesday, January 23 11:24 PM SGT
"Then it will have the momentum to get through the stops and that will carry us to $275," he predicted, with fund short covering and decent physical buying from Asia fueling the rally. A move above $279 would be a springboard to the $290s, as there was no resistance above $279 an ounce in the February contract, he added. "
Full story >>>
asia.biz.yahoo.com



To: long-gone who wrote (62890)1/23/2001 10:33:18 PM
From: Gary H  Read Replies (2) | Respond to of 116756
 
What we have learned from history, is that we have not learned from history.



To: long-gone who wrote (62890)1/24/2001 11:21:40 AM
From: IngotWeTrust  Read Replies (2) | Respond to of 116756
 
Thanks for the correction, Richard. No, I did not pay much heed to the "Scotsman" reference, because I've never heard of them. I just thought you were posting a public post from some SI poster named Scotsman. That makes me feel better about the veracity and slant taken by that source called Scotsman.

Now, on to the Mark Rich reference I don't understand. Who is Mark Rich? Why was he pardoned? Which president-Blushy or Clintoff--pardoned him? What does Mark Rich have to do with the gold market? And who allegedly paid Clinton 100Mil for the pardon?

Public or PM is fine. Would enjoy reading the hedging splay also if you can give me a mirror url or something. As a former commodity broker myself of about 20 years ago, I'm interested in what a peer has to say about the change in hedging practices from his perspective.

Regards
gold_tutor