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Hi Larry,
So I guess you're pretty long gold, right? What's your personal analysis on
gold? I do love baguettes!!
Regards,
Tom Alexander
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> From: Larry Muir <trdoptions@xxxxxxxxxxx>
> To: realtraders@xxxxxxxxxxxx
> Subject: Fwd: GOLD MARKET BULLETIN !!!
> Date: Thursday, August 12, 1999 10:04 PM
>
> good info on the gold market;
>
>
> >From: LePatron@xxxxxxxxxxxxxxxxxxx
> >To: trdoptions@xxxxxxxxxxx
> >Subject: GOLD MARKET BULLETIN !!!
> >Date: Thu, 12 Aug 1999 10:54:49 -0400
> >
> >Le Metropole members,
> >
> >At the moment gold is trading $2.20 higher on the
> >Comex.
> >
> >Yesterday, Midas du Metropole informed you that much
> >of the gold buying was due to a producer buy back.
> >We just received word from Icarus that there is
> >another producer buy back going on again today.
> >
> >And of possible extreme significance, "Hannibal Lecher"
> >just bought 2,000 Dec 300 gold calls. AND, another
> >very credible source tells us they have been told that
> >"Hannibal" - Goldman Sachs - is reported to be willing to
> >buy UP TO 20,000 Dec 300 gold calls.
> >
> >For days and weeks now, we have been reporting to you how
> >tight the physical gold market is. That is what the soaring
> >lease rates and narrowing gold market spreads have been
> >telling us.
> >
> >Our camp believes the gold loans have risen to out of
> >control levels - 10,000 to 14,000 tonnes. The "Hannibal"
> >camp will tell you 4,000 to 6,000 tonnes. They are Pro
> >disinformation spreaders. Perhaps, the time has come when
> >they realize the jig is up and since they are all so
> >SHORT, they are trying to cover their butts by covering
> >their exposure (for themselves or clients) any way possible.
> >
> >For two weeks, we have explained to you the reasons
> >why we have felt it is time to be AGGRESSIVELY LONG. Day
> >after day the evidence and market action suggests that
> >Midas du Metropole's assessment of the gold market is
> >"on the money."
> >
> >The gold bear market is OVER. The Hannibals will not give up
> >their manipulation easily. But, they may have no choice.
> >If outside credit markets continue to deteriorate, central
> >bankers will call in many of the gold loans - at least many of
> >the ones in spec hands. That will reduce supply and
> >force gold prices much higher.
> >
> >For the "inside scoop" on gold -Stay tuned to the Cafe!
> >
> >All the best,
> >
> >Bill Murphy
> >Le Patron
> >http://www.LeMetropoleCafe.com
> >
> >
> >
> >
> >
> >
> >
> >
> >
>
>
> ______________________________________________________
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