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

To: Tom M who wrote (72694)	7/1/2001 7:59:35 PM
From: lorne	Respond to of 116790

Greenspan adds to gold's tale of woe. " Mr Oliphant clearly does not want to be caught, as were Ashanti and Cambior two years ago, by any sudden upward spike. Barrick has about 30 per cent of future production forward sold. " " "This merger may mean that Barrick is taking a very bullish view on the gold price," Mr Widdup said. " But, each time, the price increases were sharply and rapidly beaten back, persuading some commentators that there is large-scale manipulation of the gold market – that the short positions held by hedge funds are so massive that any sustained increase in the gold price will send these funds into a financial tailspin. " Full story >>> finance.news.com.au