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


To: Oak Tree who wrote (22208)10/24/1998 11:38:00 AM
From: goldsnow  Read Replies (1) | Respond to of 116756
 
The web of Hedge is so tangled that the number of options are unlimited....How do we not know that very same people"manipulating Gold on downside, are not prepared to step in and crush those short on upside....and what a winfall they stand to make in doing so...



To: Oak Tree who wrote (22208)10/24/1998 1:24:00 PM
From: marcos  Read Replies (3) | Respond to of 116756
 
barrick.com
barrick.com
barrick.com
barrick.com
barrick.com

A little self-promotional, but this is their side of the story the way they tell it.



To: Oak Tree who wrote (22208)10/26/1998 11:31:00 AM
From: butkus  Read Replies (1) | Respond to of 116756
 
Paul Okunieff - What people are willing to option for is enormously effected by the mood of the moment/day. At this point in time interest rate options are moving all over the landscape. I have some interest rate options that have increased from $400 to $3300 in 6 months. This highlights that what people think today is much different than what they thought 6 months ago. Likewise when gold is selling for $350 per oz & down from $400 per oz, it is easier to think that it might go to $450 per oz. than it is to think so now when it it is selling for $295 per oz.