To: Richard Harmon (who wrote...)
From: Ron Reece Monday, Jun 14 1999 3:14PM ET
<<And I would have just as much reason for asking you why you are such an avid supporter of
Bill Murphy's GATA program... >>
Because he is right. The price of gold has been manipulated.
<<Is he paying you? >>
No!
<<I've told you before I don't work for the govt. You can't seem to take that as an answer, so it's
not my f*ing fault you're so f*exing dense. >>
But you ave avoided the questions if you have contracts with the government, any of the major
banks, brokerage houses, or anyone else short gold
<<It's you SOB's who have been suckering in unsuspecting investors into the gold market while
facing the OBVIOUS pressure being put upon it by BOTH THE MINERS and the CENTRAL
BANKS. >>
I've never tried to get anyone to buy anything. One must make a distinction between the mining
companies.
<<You guys are like a broken record and continue to find ANY FRIGGIN REASON you can
dream up to buy and hold gold, despite the reality of the situation. >>
One can not hope to "Buy low & sell high", if they are not first willing to buy low.
<<Why the gold market is down: There are more sellers than buyers. >> Even you (above) stated
there are forces in the Central Banks trying to distort gold price. It is manipulated.
<<Miners are selling because they now the friggin metal is overvalued relative to historic price
levels. They are forward production for years in the future. >> Not all the miners, sir. If you do
not know about that which you speak, you might at least first do the research.
<<That simply is not an encouraging sign of bullishness, is it now?? >>
again, look at it company by company.
<<My personal life is mine. It is not for discussion on the thread.>> Not when it colors your discussions.
<<If you don't like my arguments, refute them with fact. The argument stands on its own merit. >> Look at it company by company Sir!
<<As for being unemployed, I could swear I remember seeing a post of yours discussing the terrible problems in the petroleum sector and how it caused you to lose your job. If I had the time and desire, I would try to find those posts.>> Yes, I lost a job in that sector - also.
<<But in the end, it doesn't matter what you do for a living. It is the strength and logic of your arguments that matter, neither of which you seem to possess.>> Even you, admited above the gold market is manipulated. Now, you must understand the basics of forward sales, that most do it, but not all. and some to it to a greater or lesser level, & some with their own inventory.
<<I hope you're losing your ass in the gold market, Richard. >>
I wish no now any losses. Now, this shows what you are really like.
<<Buy some more call option on gold buddy... You're just the sucker the buillion brokers and gold miners are looking for. >>
No leverage for me, at this point, thanks, just long term holder of quality companys.
<<Regards,
Ron>>
And we know you wish no one long gold or the miners any "regards".
* - expletive deleted by rh
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