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

To: Phil Jones who wrote (84676)	4/23/2002 11:55:03 AM
From: long-gone	Respond to of 117149

<<Is it your view that the current price of gold is in any way due to the efforts of GATA? I can't see that GATA has had any effect at all. >> Phil, I know you didn't ask me, but Yes, I think GATA has had a + impact. I think they helpedreduce hedging. Total reduction to date of gold hedging & forward sales,IMO, moved gold price up by around $12-18 per ounce and increased volatility by another $2-5. What % of these total gains that GATA might claim would be only a guess.