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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: d:oug who wrote (45800)12/9/1999 5:28:00 AM
From: d:oug  Read Replies (1) of 116759
 
(GATA News) Money has poured into GATA. Ted Butler (I Accuse) is right.

Subj: GATA
Date: 12/9/99 1:19:12 AM EST
From: LePatron@LeMetropoleCafe.com
To: dougak

Le Metropole members,

Could not get to a Midas tonight as there
was too much effort that had to be put into
our "Open Letter" campaign tomorrow. First
feedback came late today from the Senate
Banking Committee. They liked it and were
very impressed. I know at least 3 Cafe
members that know Senate Banking Chairman,
Phil Gramm. Make sure that you contact him.

However, the best feedback came from Cafe
members. Money has poured in. Thanks so much
from so MANY of you that have responded to
the call for action. And THANKS to so many of
you that have already emailed Congress. We are
all doing what we can do. Collectively, it
can make a BIG difference. "Shake a Tailfeather"
TEAM - GO FOR IT - NOW!

The "Hannibal Cannibal" crowd and their sugar daddies
are arrogant and not expecting this kind of
surprise attack. Another Pearl Harbor GATA
special. Be relentless.! GATA is -why not you?
- that is you have an interest in the gold and
silver markets? It is time for us to WIN THE
DAY - we can and we will! BIG money is on the
table for you. Make YOUR OWN DAY.

Speaking of hailing. I just had dinner with
Marshall Auerback, an associate of Frank
Veneroso, who flew in from London and Doug
Noland who works with David Tice. Big Time
winners these guys and they are suffering
like all of us who believe in gold market
investments and that the stock market is
a giant bubble.

This is what hit me market talk most of
our dinner:

Some in our gold crowd talk of settlements
of physical gold. The Frank Veneroso's of
the world believe the big guys are SO SHORT
gold they cannot get out. That is the reason
for this continued manipulation. The gold
loans are over 10,000 tonnes now. The shorts
are trapped. Thus the gold loans are not
loans because they cannot give back the
asset. Ted Butler (I Accuse) is right. The
loans are a fraud. THERE CAN BE NO SETTLEMENT
- what BANK makes loans on something that
cannot be paid back?

Doug Noland pointed out that this may be one
big money game out of control game. FANNY MAE has $15
billion in equity and $450 billion of debt.
Just like gold, there is a question of
SETTLEMENT. Only the good faith of our
government guarantees, SETTLEMENT. Can
they make it and guarantee it? Who knows?

Maybe that is why Greenspan and Summers are
panicked over gold. Getting too late- more
on this soon. Tomorrow, our troops launch
an early strike at dawn. Our day is coming
big time. Keep the Faith.

Gold- Can you recall what President Roosevelt
said forty-eight years ago today?

It had to do with what was then considered a
sneak attack on Pearl Harbor (but we learned
later on that our government had sufficient
warning). Before the attack, there was a virtual
tidal wave of interest against us entering the War.
There were, of course, a few lone voices warning
us of the impending dangers."

All the best,
Bill Murphy

For new readers, the above mention of GATA is as follows.

Bill Murphy, Chairman, Gold Anti Trust Action (GATA) gata.org

Also, GATA related articles can be obtained at the pay for view site.

Bill Murphy, Le Patron, Le Metropole Cafe lemetropolecafe.com
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