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To: John Pitera who wrote (169656)	6/2/2002 3:41:36 AM
From: 10K a day	Read Replies (1) \| Respond to of 436258

> Which firms are going to be around for the long haul Dude, I got paid today...and i was in tears... Live to play for another month...I guess..

To: John Pitera who wrote (169656)	6/2/2002 7:44:29 AM
From: LLCF	Read Replies (1) \| Respond to of 436258

<If places like GS and JPM are really structurally short gold, because they've borrowed the physical gold and then sold it. > How do you know they don't own calls from the producer covering it?? If they have a 'vol' spread on they may actually benefit form piling in and driving the price higher and screwing the customer [producers] once again! DAK