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<p>[QUOTE=&quot;desertgem, post: 869550, member: 15199&quot;]It appears that Ashanti was very greedy also, in obviously selling more contracts than gold they could produce. Most gold producers had to hedge gold during that time so they didn&#039;t have to close down due to lowering gold prices, but not selling contracts for gold they couldn&#039;t produce. People who naked short stocks find themselves in the same situation.</p><p><br /></p><p>To tag along with this, </p><p><a href="http://www.tickerspy.com/newswire/?p=1745" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.tickerspy.com/newswire/?p=1745" rel="nofollow">http://www.tickerspy.com/newswire/?p=1745</a></p><p><br /></p><p>Paulson, who worked with GS on the CDOs that brought about the GS Fraud charge ( which I don&#039;t expect to stick) , also is deep in gold with AngloGold Ashanti&nbsp; (AU), and his ETF ( GLD). Sooner or later, I expect some fallout here also. Much of the gain on gold prices, has been ( IMO) due to the demand from Paulson&#039;s GLD fund. I am sure that Goldman is involved in this relationship also. </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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