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

To: Alan Whirlwind who wrote (18347)	9/10/1998 12:11:00 PM
From: Enigma	Respond to of 116791

Producers don't all sell at once in some amorphus mass - most sell with some relationship to production capability - although I agree some have targets at which they may enter the forward sale. In the case of a sophisticated outfit like Barrick I would imagine that forward sales take place all the time on a periodic basis - they wouldn't play the guessing game with forward sales, they might even act like a market index fund and make sales daily - though I suspect it may be weekly or monthly 'Producer sales' could be a nice catch phrase for market analyists - without any basis in actual facts? E