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To: Square_Dealings who wrote (70115)5/24/2001 7:34:28 AM
From: long-gone  Read Replies (1) | Respond to of 116753
 
<<Those dudes must have loaned out a little too much gold >>

Not much longer can the game continue where they sell the gold so those short can return it at a decent price.



To: Square_Dealings who wrote (70115)5/24/2001 8:45:16 AM
From: russwinter  Respond to of 116753
 
Interesting, POG popped $3 right on the slightly weaker than expected employment report, even though the USD didn't really budge. I'm starting to feel there is a big accumulator (China, Soros, Buffet, not just specs?) in the market rather than just diminished supply caused by the lease/contango structure and short covering.