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

To: Zardoz who wrote (34)	9/28/1998 3:04:00 PM
From: C Hudson	Respond to of 39

Hutch, You made a good point, so I proposed the question to the Kitco Gold Forum about the XAU leading or lagging spot price. You may be wrong though if you look at it over the last few weeks. Date: Mon Sep 28 1998 14:47 Donald (@Crazytimes) ID#26793: When this rally started the XAU was way behind. Now it is neck and neck with the metal. Gold started to rally on August 28th, the XAU on August 31st.

To: Zardoz who wrote (34)	10/2/1998 7:14:00 AM
From: Bobby Yellin	Respond to of 39

Hi Hutch: Are you tracking the Canadian dollar? Since Canada's economy might be 40 percent resource,if there is a positive divergence between US dollar and Canadian dollar would that suggest that a change in cycle is occuring and commodities might have bottomed and that the gold market definitely would have bottomed? also are you charting open interest in pms? as another clue if this is the start of the bull market in pms? bobby