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


To: Square_Dealings who wrote (75833)9/3/2001 9:18:12 PM
From: re3  Read Replies (1) | Respond to of 116823
 
<<<which should come soon. Stay tuned as the world seeks an answer to just exactly how much are naked sales.

what do you base either of these statements on ?



To: Square_Dealings who wrote (75833)9/3/2001 9:59:53 PM
From: long-gone  Respond to of 116823
 
<<. Stay tuned as the world seeks an answer to just exactly how much are naked sales.>>

How much longer? Is there an end? What is the max, 1 oz for every 200k tonnes of paper?



To: Square_Dealings who wrote (75833)9/3/2001 10:05:19 PM
From: Little Joe  Respond to of 116823
 
"I guarantee you that 90% of the gold sales are by firms that would not be able to get the gold if their life depended on it,which should come soon. Stay tuned as the world seeks an answer to just exactly how much are naked s1ales."

You may be right, but that is the nature of the futures market. It appears that the cash market satisfies current users at current prices. If current users were not satisfied from the cash market, it seems to me they would buy in the futures market and take delivery.

Little joe