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 |