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

To: John Hunt who wrote (34520)5/26/1999 7:28:00 AM
From: John Hunt  Read Replies (2) | Respond to of 116779
 
Gold falls to fresh 20-year low in Europe

<< Dealers said market sentiment remained weak with gold under pressure from fund selling and options-related activity ahead of Wednesday's expiry in over-the-counter (OTC) options.

''Although physical demand is very strong, the prevailing mood in the market is negative with dealers focusing on the large purchase two weeks ago of $265.00 puts. This price will be the target for the bears,'' said Standard Bank London on its website ( standardbank.com ). >>

biz.yahoo.com




To: John Hunt who wrote (34520)5/26/1999 2:05:00 PM
From: long-gone  Read Replies (1) | Respond to of 116779
 
<<I guess Kaplan is both bullish and bearish ... Either a question of timing or he is confused. :-))>>
We've seen this kind of writing "both sides of the fence" before, this way, hes right, no matter what.


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