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>From: lepatron@xxxxxxxxxxxxxxxxxxx
>To: trdoptions@xxxxxxxxxxx
>Subject: Charles Peabody - It's "Liquidity"- Stupid / CAFE DAY
>Date: Thu, 29 Jul 1999 17:15:32 -0400
>
>Le Metropole members,
>
>Charles Peabody has served commentary at the
>Hemingway Table entitled, "It's "Liquidity" -
>Stupid".
>
>"concern spreading to Wall Street's executive suites"
>"funds flowing into hard assets"
>"crash scenario coming in financial stocks"
>"J.P. Morgan addendum"
>
>CAFE DAY
>
>Gold rallied almost $3 today, silver soared 17 cents, the
>XAU is approaching 65, the over valued stock market
>was hit hard, the dollar was weak, bond yields rose
>sharply and the CRB shot up with oil trading at
>$21 per barrel.
>
>Let the good times roll!
>
>Midas put out an aggressive buy on gold bullion, silver
>and the precious metals shares a couple of weeks ago.
>That call looks pretty good at the moment.
>
>Of course, the call was confirmed when Goldman Sachs
>arranged a hasty conference call the other day to say
>they were somewhat bullish on gold for the near term. Does it
>surprise any one in the Cafe that the move up today in
>gold was it's biggest one day price move to the upside
>in many months?
>
>What a joke! How can anyone say they have not been a big
>part of the gold market manipulation? As we said in our
>BULLETIN to the Cafe two days ago- Goldman Sachs and
>crew will now "allow' the gold price to go up!
>
>More on the precious metals in the coming Midas, but Icarus
>says the tone has changed to positive on the gold floor and
>of significance - the Aug-Dec spread widened going into first
>notice day which we consider to be bullish.
>
>Silver could be ready to make the big move we have been
>looking for all year. The technicals are superb.
>
><A HREF="http://www.lemetropolecafe.com/scripts/products.cfm";>Le Metropole
>Cafe</A>
>
>All the best,
>
>Bill Murphy
>Le Patron
>
>
>
>
>
>
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