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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (17115)6/13/1999 4:39:00 PM
From: James F. Hopkins  Read Replies (2) of 99985
 
BB; You bet they want to drive it as low as they can before the
UK and such sell, after that point you will find the supply
drying up fast. Production cuts at mines and a sort of Gold OPEC
will come into effect, then the run up begins.
When you see the mining co's going up in spite of gold going
down you know there is more in the wind than the news pundits
know about. The more they pound the table about how sorry gold
is the more I'm convinced that back room deals are being cut
to dry up the supply.
The money monkeys will try to take control of as many mines as
they can before they call in all that is lent out and slam
the door on the shorters.
---------------
The only tip off I see is the miners started going up on all the
bad news.
In a way I'm glad to see the Gov get out the gold biz,
it ought to be outlawed that they can deal in it at all, as
all they ever do is sell out to the money monkeys &
screw their own citizens.
Pisson a gold standard and all the shallow minded predatory
parasites that keep trying to force it on us.
Like we can depend on some government to not manipulate the
price of gold, and when they do what the crap good is a gold
standard, all we wind up with is Government setting prices
on the gold, & then every thing else.
I hope they sell every drop and laws are passed they can only
keep what they need to use , and are never again allowed
to buy/sell any strategic metal. If they buy they should by law
be required to use it, and never sell it, as they will always
cater to the money monkeys with the timing, just like they
are doing now.
Jim
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