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

To: Bobby Yellin who wrote (16869)	8/31/1998 12:33:00 PM
From: Ray Hughes	Read Replies (3) \| Respond to of 116874

Hello Bobby, When one has sufficient clout to move markets by intimidating traders with the scale of selling gold, one can drive the POG down sufficiently to make a goodly profit by repurchasing gold at low price and selling as one lets its price rebound. I believe a big entity can break even trading gold, in order to keeps its volatility near zero, so as to convince the worlds speculators that the USD is a safer haven. If your trading were big enough to "make the market" could you not perhaps even make money by knowing in advance which way you were about to move the market? RH