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To: long-gone who wrote (34549)5/26/1999 10:41:00 PM
From: PaulM  Read Replies (1) | Respond to of 116779
 
Fed Adds 1.15 Billion Via Coupon Pass

biz.yahoo.com



To: long-gone who wrote (34549)5/27/1999 12:30:00 AM
From: Ken Benes  Read Replies (1) | Respond to of 116779
 
Richard:

At this point and time forget about the dealers, the producers hold the supply which is equivalent to having the ball. Do as the russians have done, withold the supply of palladium and watch the price move up or as the oil producers have recently done cut back on production, viola, oil goes up 60%. This is all about the producers. With the 8000 tonnes of overhang needed to cover the short interest in gold, the only ones being manipulated are the producers who are continuing to be good little scouts and selling their reserves forward at a pittance.

Forget about calamitous news, forget about manipulation from the banks and dealers, and focus on the producers, there in lies the problem and the solution.

Ken