(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 |