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

To: Lucretius who wrote (95127)	5/24/2003 2:20:39 PM
From: Box-By-The-Riviera™	Respond to of 116836

you and isopitch are scaring me man! i'm buying lead ingots. gotta be more valuable than gold after next week. and then there's tony h.... run run run, as fast as you can.

To: Lucretius who wrote (95127)	5/24/2003 2:50:52 PM
From: Ironyman	Read Replies (1) \| Respond to of 116836

Lucre...Disagree! The lease rate jumped on Friday. POG might jump past 370. Wink/Eric

To: Lucretius who wrote (95127)	5/24/2003 5:20:57 PM
From: re3	Read Replies (1) \| Respond to of 116836

no, SORRY, i haven't had a CHANCE to have a GLANCE at the COTS, but thanks for STOPPIN' by big DADDY

To: Lucretius who wrote (95127)	5/24/2003 6:44:07 PM
From: yard_man	Read Replies (1) \| Respond to of 116836

u must be nervous about them again -- every time you are, you come taunt somebody over here. If an increase in the commercial short position were any indicator at all, gold would be at $20 by now ... gold may move down, but that isn't a cause or an indicator, IMO. I've looked at it before -- yeah, they increase shorts when the price goes up -- for the most part -- so what?? You'd be better off monitoring the price of tea in India than 1) coming over here and checking for sentiment or 2) selling every time the the COTs show the commercials a little bit shorter Not everybody has a 1-week or 3-day horizon. Fundamentals are still in place for a bull in commodities in general including gold. Real rates are more negative than they have been in a long time. Monetary policy is getting ready to cross over to the realm of the ridiculous. Stocks have at most another 2-6 weeks before resuming the bear trend. If all this sounds ultra-bullish and goldbug-clownish -- why don't you sell all the shares you own and post the same.

To: Lucretius who wrote (95127)	5/27/2003 9:32:06 AM
From: Real Man	Respond to of 116836

We'll see. Platinum move to 600 in 1999 also started from record short commercials position. They liquidated as platinum moved higher. I don't know why Soros announced he is buying gold, etc., and shorting USD, but if that has any truth to it, hedge funds of Soros's magnitude could easily squeeze the commercials (aka JPM) by taking delivery on, say, 1000 tonnes. Such action would shoot gold above 500, since the physical market is very thin. True commercials (gold miners) have been covering OTC hedges since 2001 at a record pace.