Weekend Gossip, Silver Long shot. Silver bullets only kill,,,,
maybe if true will help Silver out big time, poor mans lobster
Le Metropole Members,
As you know, Midas du Metropole has long been calling
for Nasdaq 2000 before Nasdaq 4000. The next Nasdaq
leg down will continue to put the pressure on the
bullion banks in the Gold Cartel.
Capital is disappearing and serious credit concerns
are growing by the day.
In the last Midas, I pointed out that mega hedge
fund Moore Capital was the early buyer on Thursday.
We reported that could be significant because Cafe
sources informed us that they were short up to 25
million ounces of gold at one point and have made
a fortune on the "gold carry trade."
It is also important because other Cafe sources
revealed to us that Moore Capital was the hedge fund
involved in buying prior to the concerted central
bank euro intervention weeks ago and then were
instrumental in capping the euro advance at 90 as
a result of their receiving inside information
from Citibank/Robert Rubin.
We advised we would be on the lookout for any
additional Moore Capital buying.
Indeed, Moore Capital returned to the Comex pits
on Friday and aggressively bought the gold close.
This may, or may not be important, but we know from
the Frankfurter Algemeine Zeitung story that they
are plugged in with the right people and have access
to information coming out of Washington.
Is there buying telegraphing a big rally in the gold
price?
As stated in CARTEL CAPITULATION WATCH commentary,
it is my opinon that the Gold Cartel is in big
trouble as the price of oil is about to soar just
as the Nasdaq is going to crater further.
Someone closely aligned with the Gold Cabal called
yet another Cafe source asking about whether the low
prices was starting to really cut into future gold
production. This individual asked many questions.
That is the reason for serving Christopher Byron's
"Big Dreamlife Investors Are About to Be Awoken"
Bloomberg story at The Dos Passos Table.
It is my guess we will be soon reading about all
kinds of internet stock disasters and that could
really hurt the future performance of the Nasdaq.
"Dreamlife’s marquee bait: Tony Robbins, the cable-TV infomercial guy with the mule-like teeth and the
prehensile chin, who talks about how he started
out storing dishes in a bathtub and is now so rich
he owns his own island."
"Unfortunately, a recent regulatory filing by
Dreamlife with the Securities and Exchange Commission
suggests the jig’s about up for Dreamlife and its
investors, and that the company may well be out of
business before the Christmas tree is lighted in
Rockefeller Center … meaning, I suppose, that the
endless search for prey on the Wall Street Serengeti
may soon be driving us back to the salt licks of Ron
(“The Finagle King”) Perelman and his ilk."
Some rag paper is saying a major bank is going to go down, and cause a major crash in Dow.
hope not. |
