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


To: AC Flyer who wrote (69962)5/22/2001 10:09:17 AM
From: jrinvestor  Read Replies (1) | Respond to of 116931
 
Did you miss the dog and pony show yesterday?JR



To: AC Flyer who wrote (69962)5/22/2001 10:29:57 AM
From: Bruce Robbins  Read Replies (1) | Respond to of 116931
 
From UBS Warburg Precious Metals Daily Update:

thebulliondesk.com

"Trading: In New York gold opened strong on buying from one large US investment bank before the open but the metal ran repeatedly into resistance around the 292 level. Although it appeared as if the metal was going to establish a new range of 289-293 but hard selling from one US bank pushed it through the 288 level whereafter gold shot down to 285, triggering further liquidation from speculators. After a quiet session in the afternoon, some last minute window dressing from funds saw gold trade up a dollar-fifty into what was still a weak close. In Asia, gold traded down from the open after Australian dealers sold it down before it ran into Tocom related buying, perhaps profit taking from the previous day. Further selling from one local bank saw gold at the session’s low before good bids were seen from a large European bank."



To: AC Flyer who wrote (69962)5/22/2001 6:25:29 PM
From: Zardoz  Read Replies (4) | Respond to of 116931
 
I'm surprised that no-one has commented on yesterday's price action.

If I comment it's considered gloating here.
Message 15815997
By Friday, it's over.

Hutch
Just happy to write future options on non existant gold