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

To: Alex who wrote (79500)11/21/2001 2:24:30 PM
From: long-gone  Respond to of 116753
 
You should have put in the prime quote:

"Even at $306 an ounce, there is $6bn in uncovered hedge positions in the bullion market, says New York bear boutique Constantinople Advisers. There may be a lot of anxiety out there. "



To: Alex who wrote (79500)11/21/2001 2:25:46 PM
From: Zardoz  Read Replies (2) | Respond to of 116753
 
London's Biggest Bullion Bear, Andy Smith at Mitsui Metals, recently famously forecast a price of $340 an ounce by early next year.

That makes him a bull not a bear. To be a bear it's got to be lower then the spot price.


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