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Hindsight advice.
-----Original Message-----
From: Larry Muir <trdoptions@xxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Wednesday, September 29, 1999 12:33 PM
Subject: Fwd: David Tice - Coin in the Fuse Box / Gold up another $11
>I said something like 6 weeks ago that maybe looking at buying gold mining
>share call options might be a good idea. Looks like it probably still is.
>
>someone said this info isn't about trading...give your head a shake.
>
>I usually only trade technically, but the fundamental info in this
situation
>is just too interesting...this is a good study in the interaction of
>fundamental and technical analysis. Someone told me once why not use both?
>You should watch both.
>
>
>>From: LePatron@xxxxxxxxxxxxxxxxxxx
>>To: trdoptions@xxxxxxxxxxx
>>Subject: David Tice - Coin in the Fuse Box / Gold up another $11
>>Date: Tue, 28 Sep 1999 07:57:05 -0400
>>
>>Le Metropole members,
>>
>>Another very bright morning for the Cafe. David
>>Tice has served commentary at the Hemingway Table
>>entitled, "Coin in the Fuse Box."
>>
>>"We are pleased that several publications including
>>the Wall Street Journal, Barron’s and Business Week
>>highlighted last week’s Credit Bubble Symposium.
>>Today we will showcase Doug Noland’s speech,
>>"Coin in the Fusebox."
>>
>>"I have spent the past decade in a personal quest,
>>striving to understand the workings of our financial
>>system and economy. I am here today hoping to share
>>a few insights. Part of the dilemma we all face
>>is that we are so inundated with numbers and
>>statistics that it is difficult to see the forest
>>through the trees. Today, I hope to bring
>>some clarity to the forest."
>>
>>Doug Noland has one of the most clever minds in
>>financial land. You will be hearing a lot about him
>>in the years to come.
>>
>>The joint is jumping as I go to send this out to
>>you all. There is panic in goldsville by the shorts.
>>It is coming from short hedge funds and producers that
>>have too many forward positions on. Gold is closing in
>>on $300.
>>
>>What is important to understand in all this excitement
>>is that a fair equilibrium price for gold is $600,
>>not $300. The only reason the price of gold has been at
>>these abysmal levels for so long is because it was
>>orchestrated down here - manipulated, etc.
>>
>>This is a very big picture play that is unfolding before
>>you. For every action, there is a reaction. The action
>>was to unnaturally hold down the price of gold. Most
>>gold market observers had no clue of what was going on.
>>Thus, the reaction will be a move to much higher levels than
>>they can comprehend.
>>
>>The contributors to the Cafe do understand this. This
>>move up is no surprise to us. Neither will be the mega
>>move up that is coming. By the time the gold move ends,
>>the internet stock plays will look rinky dink!
>>
>><A HREF="http://www.lemetropolecafe.com/scripts/products.cfm";>Le Metropole
>>Cafe</A>
>>
>>All the best,
>>
>>Bill Murphy
>>Le Patron
>>www.LeMetropoleCafe.com
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>
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