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>From: LePatron@xxxxxxxxxxxxxxxxxxx
>To: trdoptions@xxxxxxxxxxx
>Subject: Gold and Silver Prices Soars - Lease Rates Soaring
>Date: Wed, 29 Sep 1999 07:03:45 -0400
>
>Metropole members,
>
>
>Midas du Metropole has served commentary at the James
>Joyce Table.
>
>This email was delayed 8 hours as the web server was
>down last night.
>
>This morning the price of gold is $314 up another
>$6. However, the big news is that the lease rates are
>soaring. One month gold is 9.70%. The one month
>silver lease rate is also in the nine's. This makes
>last night's Midas du Metropole especially important.
>
>September 28 -
>
>Today was something else. At one point Dec. gold was
>Approaching $330 and Dec. silver was knocking on $6.
>Then Goldman Sachs and the N.Y Fed showed up to
>knock prices down.
>
>During this past summer, I "guaranteed" the Café
>this sort of Price action in the precious metals.
>I was vilified for some for making that "guarantee."
>
>Many market participants are confused about what
>is going on here. We, at the Café, are not. All
>last week I called CNBC, The Wall Street Journal
>and the lovely news wire service people that I met
>in New York. Except for the gracious Janet Whitman
>of Dow Jones, Rodney Dangerfeld got more respect.
>They refuse to acknowledge GATA or
>www.LeMetropoleCafe.com.
>
>Really weird. Thus, it is with tremendous appreciation
>that I present the following from one of the biggies
>in the gold industry, Bob Bishop of the Gold Mining
>Stock Report:
>
>A Note of Acknowledgment: While the internal dynamics
>of the gold market do not lend themselves to ready
>understanding, one person stands out for his work
>in developing the information on the gold market that
>more and more are likely to gain a better appreciation
>for in the weeks ahead. That person is Frank Veneroso,
>and I believe he's in the earliest stages of being
>proven right about the extend to which the gold market
>is short- an of the likely consequences attached to
>that trade. His former associate, Bill Murphy of GATA
>( Gold Anti-Trust Action Committee) is the person who
>has done the most to gain the attention of the
>marketplace on this subject. Those who own gold
>and gold shares owe both men a debt of gratitude.
>
>I accept such kind words in behalf of my two powerhouse GATA associates,
>John Meyer and Chris Powell.
>
>Check in to the Café. Tonite's Midas has the latest
>action and lays out what we are up against.
>
><A HREF="http://www.lemetropolecafe.com/scripts/products.cfm";>Le Metropole
>Café</A>
>
>All the best,
>
>Bill Murphy
>Le Patron
>
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