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interesting info
>From: LePatron@xxxxxxxxxxxxxxxxxxx
>To: trdoptions@xxxxxxxxxxx
>Subject: Peter Grandich coming back / Gold Roaring Again
>Date: Fri, 24 Sep 1999 11:16:20 -0400
>
>Le Metropole members,
>
>Peter Grandich, of the full service advisor letter
>fame, has served commentary at the Kiki Table.
>Peter was an early supporter of GATA and grasped
>early on that the gold market was being manipulated by
>a "gold cartel."
>
>He has built a wonderful reputation over the years
>and we appreciate his support.
>
>"They don't ring a bell at tops or bottoms, but I
>believe yesterday's action went a long way in bringing
>us to the bell tower. Two consecutive closes above
>$265 should do the trick (wouldn't it be nice if
>it was Big Ben in London in honor of our good
>friends at the BoE)."
>
>As this email goes out, gold is trading $2.50 higher and
>has traded $5 higher on the day. Massive buying has
>entered the gold arena to take on the shorts. It could
>be of "official sector" origin or it could be coming
>from the hedge fund community that is turning on the
>"gold borrowing" short positions of its bretheren.
>
>Word is spreading on Wall Street about Midas' scoop last
>night that executives representing two hedge funds are
>in Switzerland looking to secure future gold supply. It
>is just beginning to dawn on the gold community that
>www.LeMetropoleCafe.com and our camp may just be right.
>There are big hedge funds that are mega short gold and they
>are trapped!
>
>Thus far the massive selling in recent sessions by two
>of the "Hannibals"(Chase and Goldman Sachs) has been
>overpowered by the new buying. Perhaps, they are
>stunned, too.
>
>Stay tuned to the Cafe for up-to-date developments.
>
>
><A HREF="http://www.lemetropolecafe.com/scripts/products.cfm";>Le Metropole
>Cafe</A>
>
>All the best,
>
>Bill Murphy
>Le Patron
>
>
>
>
>
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