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

To: Bill Murphy who wrote (29042)2/25/1999 9:09:00 PM
From: Doug Green  Read Replies (1) | Respond to of 116789
 
The gold large hedgers were very bullishly positioned in December
of '87, i believe. There is truly no infallible indicator.



To: Bill Murphy who wrote (29042)2/27/1999 10:00:00 AM
From: Ironyman  Read Replies (2) | Respond to of 116789
 
Bill,

This 'Gold Leasing by Central Banks' has in essence removed all large quantities of gold from the markets, including future production.

I find that this has a relationship with what happened in 1933, when Roosevelt called in the gold and a year later raised its value to the dollar.

Regards,
Eric Parde


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