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Larry - Enuf already. The stuff from le moronpole is now just them
patting themselves on the back for being wrong for a year and correct
for two days. The conspiracy stuff is a bunch of cr*p. There is still no
proof of that. The great joy in Goldman Sachs' clients losing money is
just plain silliness. I have warned on other forums and to my clients
that:
1) Gold was or had bottomed weeks ago. That was based on charts.
Suggested long dated calls back in early August.
2) Political pressure to halt sales was huge and something like this
would come out.
As for manipulation, if huge short selling by overzealous hedge funds is
manipulation then it was manipulation, but that is not my definition of
manipulation. The B-S regarding Hillary Clinton, Goldman, the Bank of
England, is just that. B-S.
Gold has broken higher. Now you are sending out news reports that are a
day old. Enuf.
Yes, some of it was trading oriented, but most of it was these guys' own
axes to grind and talking their book me thinks.
Not saying not to send stuff anymore, but this is getting to be too
much.
Steve Poser
---
Steven W. Poser, President
Poser Global Market Strategies Inc.
url: http://www.poserglobal.com
email: swp@xxxxxxxxxxxxxxx
Tel: 201-995-0845
Fax: 201-995-0846
----- Original Message -----
From: Larry Muir <trdoptions@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxx>
Sent: Wednesday, September 29, 1999 3:41 PM
Subject: Fwd: Gold and Silver Prices Soars - Lease Rates Soaring
interesting info?
>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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