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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.03

+3.0%

Nov 7 4:00 PM EST

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To: Hawkmoon who wrote (44953)	11/13/1999 9:09:00 AM
From: long-gone	Read Replies (2) of 116753

<<Your problem is that you want the Central Banks to prop up the gold market for you and the other gold bugs>> No Ron, you have no idea what I want or believe. I want a more transparent gold market, free from threats of sale when no sale will happen, or sale of gold which has all ready been loaned & sold and NO LONGER EXISTS. I want our Department of the Treasury and Federal REserve to make ALL their transactions in the gold market FULLY transparent. I want them to stop the practices of buying and selling puts & calls. These are tools which should be Reserved solely to producers of the product. For a government to speculate in a market ot support the position of a speculator and destroy the efforts of producers is wrong beyond all concept. Just demand the Treasury answer the question if they use puts & calls on gold! They have refused to even address the question, while stating the "Only buy & sell physical gold in accordance with the consitution". Demands for this information placed by the office of Several Congressmen & Senators brought only vague replys. When I spoke with the office of Congressman Ron Paul, Senator Wayne Allard, (and the list goes on), I was informed, the administration and the Treasury would give limited responses to the questions that never gave direct answers! Other GATA members have had the same experience. There are indications this administration has also been using the same tools in the silver & petroleum markets. What say you to this?

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