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To: alecqss
The question is who sells the gold to make prices relatively stable and floating around $800/ounce despite frantic buying in the US by the individuals and Treasury?

There has been an estimated $700 billion in gold contract liquidations by hedge funds to pay off customer redemptions.

18 posted on 11/30/2008 8:27:57 PM PST by montag813 (www.FreepShop.com)
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To: montag813

Yes, but that explanation was given (at least to me) back in late September.


20 posted on 11/30/2008 8:50:09 PM PST by alecqss
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