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


To: long-gone who wrote (10562)4/24/1998 1:39:00 PM
From: Wizzer  Respond to of 116766
 
If that is true, and the London brokers have outstanding gold debts (as stated by a previous poster), then would Rothschild favour their "fix" of the gold price so that the brokers wouldn't be in huge trouble? A quick increase in the price of gold would destroy the brokers with the outstanding debts and could explain previously why gold came up to $318, then dropped and is creeping back up.