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

To: Bobby Yellin who wrote (32598)	4/27/1999 10:45:00 AM
From: Ken Benes	Read Replies (2) \| Respond to of 116791

Morgy: What you should be shocked at, is the amount of available gold that is out there which can be thrown at the market at any given time. The gold companies could go along way to resolving this situation simply by meeting market report with a market report of their own. A timely release of a news release stating that, the gold companies as a collective group will no longer sell gold forward and we will continue to cover our hedged positions with Swiss and IMF gold. Unfortunately, this is too much to ask from a group of CEO's who may be more myopic than the central banks. Rather than generating a meager fund for GATA to fight the CB's, they have the ability to pull the rug out from under them. Ken