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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.68+5.0%Nov 10 4:00 PM EST

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To: d:oug who wrote (51238)4/8/2000 8:11:00 PM
From: d:oug  Read Replies (3) of 116753
 
Anyone reading this thread know of a SI member located in Perth, Australia ?

The following newspaper had an article last week
that mentioned Bill Murphy of GATA and his view
that the technical reasons for gold either going up
or down are meaningless and that forces are at play
keeping the price artificially low.

Its well knowned that GATA claims that the US institution
Goldman Sachs, backed by the US Treasury, is keeping a lid
on the price of bullion by stopping the gold market at key
technical points or strategic times.

The Golden Mail, Kalgoorlie-Boulder, Australia
KALGURLI Mining and Business Section
Article by John Bowler on Friday March 31, 2000

Also, Frank Veneroso will be in Perth, Australia
as lead off speaker at the Australian Gold Conference.

The Gold Anti-Trust Action Committee Inc.(GATA)
has received the opinion from Frank Veneroso
that the true equilibrium price of gold is $600.

The Gold Anti-Trust Action Committee received a letter
from an Australian miner who said he represented 20,000
out of work Australian miners and asked GATA to help them
out of their predicament.

Bill Murphy, Chairman Gold Anti-Trust Action Committee Inc.
sees the visit by Frank Veneroso as an opportunity for the
mining community of Kalgoorlie-Boulder, Perth citizens,
Australian Gold Producers and the Australian Press to bring
to the attention of everyone in Australian the poor state of
affairs of the out of work Australian miners.

The wheel that squeals the loudest and acts the most rambunctious
will get the oil needed to get back into the game.

The Australian male miners out of work should put the same kind
of energy into this as they do playing Rugby football. Play to win
and stop letting those who manipulate and over hedge gold keep on
kicking you all in the head. For sure not the way to make good
impressions in front of the beautiful Australian birds. Also, its
only a rumor but once the Australian male can not afford the prices
of their beer, then they will have to buy and try and drink some of
the imported American beer that have been imported years ago and still
on the self unsold and unwanted by Australians. But it will sell cheap
and might be the only beer afforted by Australian men, so think this
and get a going and kick back into those kicking you.

Doug
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