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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Don S.Boller who wrote (1086)	5/7/1998 3:09:00 PM
From: Ray Hughes	Respond to of 8010

Hello Don, Yes "$2.00 broker" executed for other houses for a 2 buck commish. What has most impressed me about visiting the trading floor is learning how outside interests could intimidate traders into abandoning a commodity and closing out their own book positions in, say, gold. When a trader has come to learn that one or two floor brokers seem to have endless sell orders, the first broker is not going to fight that supply of, say, gold. He (or she) will sell out his/her own book in that commodity and go play another pit. I figure its not hard for the Fed to intimidate gold traders anywhere in the world when the Fed is shorting against Ft. Knox and doesn't have to answer to the public about the costs of rigging gold's price. RH